Lifetime Brands, Inc. (NASDAQ:LCUT) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.43 per share.
Looking ahead, the full year income are expected at $ 0.52 per share on the revenues of $ 743.07 million.
Previous Quarter Performance
Lifetime Brands, Inc. recorded loss for the second quarter of $ 0.15 per share, from the revenue of $ 150.14 million. The consensus estimates are loss of $ 0.29 per share from $ 134.90 million in revenue. The bottom line results beat street analysts by $ 0.14 or 48.28 percent, at the same time, top line results outshined analysts by $ 15.24 million or 11.30 percent.
Stock Performance
Shares of Lifetime Brands, Inc. traded low $ -0.44 or -4.17 percent on Wednesday, reaching $ 10.10 with volume of 43.60 thousand shares. Lifetime Brands, Inc. has traded high as $ 10.39 and has cracked $ 9.72 on the downward trend
The closing price of $ 10.10, representing a 223.31 % increase from the 52 week low of $ 3.26 and a 16.15 % decrease over the 52 week high of $ 12.57.
The company has a market capital of $ 219.86 million and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.0425 per share on August 4, 2020. The dividend were payable on November 16, 2020 to holders of record as of the close of business on November 2, 2020 and ex-dividend date on October 30, 2020.
Conference Call
Lifetime Brands, Inc. will be hosting a conference call at 11:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lifetimebrands.com
Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company operates through two segments, U.S.
