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

Lifetime Brands (LCUT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.02. This compares to loss of $0.02 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this kitchen products company would post a loss of$ 0.09 per share when it actually produced a loss of $0.15, delivering a surprise of -66.67%. Over the last four quarters, the com ...