Lifetime Brands (NASDAQ:LCUT) posted its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.36), MarketWatch Earnings reports. Lifetime Brands had a negative return on equity of 0.58% and a negative net margin of 1.96%. The firm had revenue of $209.45 million for the quarter. Lifetime Brands updated its FY 2018 guidance to EPS.
Shares of LCUT traded down $0.08 during trading hours on Friday, hitting $10.15. 9,948 shares of the stock were exchanged, compared to its average volume of 20,295. Lifetime Brands has a fifty-two week low of $9.00 and a fifty-two week high of $19.25. The company has a quick ratio of 1.20, a current ratio of 3.22 and a debt-to-equity ratio of 1.21. The stock has a market cap of $206.79 million, a PE ratio of 14.30 and a beta of 0.95.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Friday, February 1st will be given a dividend of $0.0425 per share. This represents a $0.17 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, January 31st. Lifetime Brands’s dividend payout ratio (DPR) is presently 23.94%.
Lifetime Brands Company Profile
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 three segments: U.S. Wholesale, International, and Retail Direct. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantry ware, spice racks, and bakeware, as well as novelty kitchen tools, tableware accessories, party goods, personal accessories, and other products; and tableware products comprising dinnerware, stemware, flatware, and giftware.
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