In the following report, all essential factors to deliver an effective lecture are mentioned and analyzed; however, there is nothing about the importance of the time of the lecture during the day!
The report is based on "accessibility in this section of the page has been adapted from "Universal Design: Places to Start," which was developed by Jay Dolmage, an instructor in the Department of English Language and Literature at the University of Waterloo, who specializes in disability studies. Jay invites members of the University of Waterloo community who are interested in learning more about accessibility and universal design to contact him."
Abstract: As long as class sizes continue to increase and university budgets tighten, lecturing will remain a dominant teaching method (Perry in Perry & Smart, 1997; Brown & Race, 2002). Knowing how to lecture well, therefore, is a crucial skill to master. Effective lecturing is characterized by enthusiasm and expressiveness, clarity, and interaction (Murray in Perry & Smart, 1997). Consider using the tips below to introduce students to—and stimulate their enthusiasm about—your course material.
https://uwaterloo.ca/centre-for-teaching-excellence/teaching-resources/teaching-tips/lecturing-and-presenting/delivery/lecturing-effectively-university