Lifetime Brands (LCUT) Reports Q1 Loss, Misses Revenue Estimates

Lifetime Brands (LCUT) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -78.57%. A quarter ago, it was expected that this kitchen products company would post earnings of $0.45 per share when it actually produced earnings of $0.55, delivering a surprise of 22.22%.Over the last four quarters, th ...