Lifetime Brands (NASDAQ:LCUT) released its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.36), MarketWatch Earnings reports. The business had revenue of $209.45 million for the quarter. Lifetime Brands had a negative return on equity of 0.58% and a negative net margin of 1.96%. Lifetime Brands updated its FY 2018 guidance to EPS.
LCUT traded down $0.08 on Friday, hitting $10.15. 9,948 shares of the company’s stock were exchanged, compared to its average volume of 20,295. The firm has a market cap of $206.79 million, a price-to-earnings ratio of 14.30 and a beta of 0.95. Lifetime Brands has a twelve month low of $9.00 and a twelve month 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Investors of record on Friday, February 1st will be paid a dividend of $0.0425 per share. The ex-dividend date is Thursday, January 31st. This represents a $0.17 annualized dividend and a yield of 1.67%. Lifetime Brands’s dividend payout ratio (DPR) is 23.94%.
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About Lifetime Brands
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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