Lifetime Brands (NASDAQ:LCUT) posted its earnings results on Thursday. The company reported ($0.27) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.04), MarketWatch Earnings reports. The firm had revenue of $145.07 million during the quarter, compared to analyst estimates of $149.54 million. Lifetime Brands had a positive return on equity of 3.59% and a negative net margin of 6.04%.
LCUT opened at $4.90 on Friday. The firm’s fifty day moving average is $4.79 and its two-hundred day moving average is $6.15. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.45 and a current ratio of 3.07. The firm has a market cap of $106.35 million, a PE ratio of -2.27, a price-to-earnings-growth ratio of 1.15 and a beta of 0.99. Lifetime Brands has a twelve month low of $3.26 and a twelve month high of $10.20.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Monday, November 16th will be issued a $0.0425 dividend. The ex-dividend date is Friday, November 13th. This represents a $0.17 annualized dividend and a yield of 3.47%. Lifetime Brands’s dividend payout ratio (DPR) is presently 37.78%.
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. and International. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantryware, spice racks, and bakeware, as well as kitchen scales; and tableware products comprising dinnerware, stemware, flatware, and giftware.
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