Lifetime Brands Q2 2024 Adj. EPS $(0.03) Misses $(0.02) Estimate, Sales $141.700M Miss $144.487M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lifetime Brands (NASDAQ:LCUT) reported Q2 2024 adjusted EPS of $(0.03), missing the $(0.02) estimate. Sales were $141.7M, below the $144.487M estimate and down 3.23% from last year.
August 08, 2024 | 11:06 am
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Lifetime Brands reported Q2 2024 adjusted EPS of $(0.03), missing the $(0.02) estimate by 50%. Sales were $141.7M, below the $144.487M estimate and down 3.23% from last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100