Earnings Outlook For Lifetime Brands

On Thursday, May 06, Lifetime Brands LCUT will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Based on management's projections, Lifetime Brands analysts modeled for a loss of $0.22 per share on sales of $153.76 million. Lifetime Brands EPS in the same period a year ago totaled $0.27. Sales were $145.07 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Thursday, earnings would be up 18.52%. Sales would be up 5.99% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Lifetime Brands were trading at $14.67 as of May 04. Over the last 52-week period, shares are up 232.12%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Lifetime Brands is scheduled to hold the call at 11:00:00 ET and can be accessed here.