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Lifetime Brands LCUT reported its Q2 earnings results on Thursday, August 4, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lifetime Brands missed estimated earnings by 380.0%, reporting an EPS of $-0.14 versus an estimate of $0.05.
Revenue was down $35.32 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 5.1% drop in the share price the next day.
Here’s a look at Lifetime Brands’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.47 | 0.40 | -0.06 |
| EPS Actual | 0.06 | 0.65 | 0.61 | 0.28 |
| Revenue Estimate | 193.98M | 263.58M | 238.24M | 160.63M |
| Revenue Actual | 182.72M | 255.86M | 224.78M | 186.64M |
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.
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Image and article originally from www.benzinga.com. Read the original article here.