Lifetime Brands (LCUT) Reports Q2 Loss, Misses Revenue Estimates

Lifetime Brands (LCUT) came out with a quarterly loss of $0.5 per share versus the Zacks Consensus Estimate of a loss of$ 0.17. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -194.12%. A quarter ago, it was expected that this kitchen products company would post a loss of$ 0.14 per share when it actually produced a loss of $0.25, delivering a surprise of -78.57%.Over the last four quarters, the ...