Lifetime Brands Sees FY24 Adj. EPS $0.69-$0.78 Vs $0.74 Est.; Sales $690M-$730M Vs $705.710M Est.
Portfolio Pulse from Benzinga Newsdesk
Lifetime Brands has provided its financial guidance for FY24, projecting adjusted EPS between $0.69 and $0.78, compared to the estimated $0.74. The company also expects sales to range from $690 million to $730 million, against the estimated $705.710 million.
August 08, 2024 | 11:07 am
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Lifetime Brands has issued its FY24 financial guidance, with adjusted EPS expected to be between $0.69 and $0.78, compared to the estimated $0.74. Sales are projected to be in the range of $690 million to $730 million, against the estimated $705.710 million.
The guidance provided by Lifetime Brands is mixed. The EPS range includes the estimate, suggesting potential stability or slight growth. The sales range also encompasses the estimate, indicating a neutral to slightly positive outlook. This mixed guidance is likely to result in a neutral short-term impact on the stock price.
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