Lifetime Brands (LCUT) Projected to Post Earnings on Thursday

Lifetime Brands (NASDAQ:LCUT - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Lifetime Brands to post earnings of ($0.14) per share and revenue of $144.86 million for the quarter.

Lifetime Brands (NASDAQ:LCUT - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The business had revenue of $215.21 million for the quarter, compared to analyst estimates of $206.60 million. Lifetime Brands had a negative net margin of 3.19% and a positive return on equity of 3.13%. On average, analysts expect Lifetime Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lifetime Brands Trading Up 1.4 %

NASDAQ:LCUT traded up $0.05 during trading hours on Friday, reaching $3.58. 56,934 shares of the company were exchanged, compared to its average volume of 68,254. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.36 and a quick ratio of 0.97. The firm has a market cap of $80.24 million, a price-to-earnings ratio of -3.62, a PEG ratio of 0.48 and a beta of 1.38. The stock has a 50 day simple moving average of $4.53 and a 200 day simple moving average of $5.38. Lifetime Brands has a 52-week low of $3.33 and a 52-week high of $11.68.

Lifetime Brands Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a $0.0425 dividend. This represents a $0.17 annualized dividend and a dividend yield of 4.75%. The ex-dividend date is Thursday, May 1st. Lifetime Brands's payout ratio is currently -23.94%.

Analysts Set New Price Targets

LCUT has been the subject of a number of recent research reports. DA Davidson lowered their target price on Lifetime Brands from $6.75 to $6.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. StockNews.com raised shares of Lifetime Brands from a "hold" rating to a "buy" rating in a research report on Tuesday, March 18th. Finally, Canaccord Genuity Group lowered their price target on shares of Lifetime Brands from $7.00 to $6.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd.

About Lifetime Brands

Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware.