Lakeland Bancorp Inc expected to post earnings of 34  cents a share - Earnings Preview

Lakeland Bancorp

24/10/2023 19:36

* Lakeland Bancorp Inc  LBAI.OQ   LBAI.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Oak Ridge New Jersey-based  company is expected to
report  a
12.5% decrease in revenue to $76.584 million from $87.52 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lakeland Bancorp
Inc is
for earnings of 34 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lakeland
Bancorp
Inc is $18.3​, above​ its last closing price of $11.12. ​​​

This summary was machine generated October 24 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated