Lifetime Brands (NASDAQ:LCUT) reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lifetime Brands beat estimated earnings by 40.0%, reporting an EPS of $-0.12 versus an estimate of $-0.2.
Revenue was down $37.28 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 8.37% drop in the share price the next day.
Here’s a look at Lifetime Brands’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.35 | 0.05 | 0.07 |
| EPS Actual | 0.22 | 0.16 | -0.14 | 0.06 |
| Revenue Estimate | 199.32M | 199.82M | 182.55M | 193.98M |
| Revenue Actual | 207.04M | 186.59M | 151.31M | 182.72M |
To track all earnings releases for Lifetime Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
