Lakeland Bancorp Inc expected to post earnings of 39  cents a share - Earnings Preview

Lakeland Bancorp

26/04/2021 14:28

* Lakeland Bancorp Inc  LBAI.OQ   LBAI.O  is expected to show
a rise in quarterly revenue when it reports results on April 28
(estimated).
* The Oak Ridge, New Jersey-based company is expected to report
 a 9.5% increase in revenue to $63.428 million from $57.91
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Lakeland Bancorp Inc is
for earnings of 39 cents per share. For the same quarter last
year, the company reported earnings of 24 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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​, about 2.8% above​ its last closing price
of $17.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.30        0.29       0.37      Beat    26
 Sep. 30 2020  0.26        0.26       0.28      Beat    8.9
 Jun. 30 2020  0.26        0.26       0.23      Missed  -12.4​
 Mar. 31 2020  0.29        0.29       0.24      Missed  -17.2
 Dec.          0.34​       0.34       0.37      Beat    7.5​
 31​ 2019​                                              
 Sep. 30 2019  0.35        0.35       0.37      Beat    6.7​
 Jun. 30 2019  0.35        0.35       0.35      Met     0.6
 Mar. 31 2019  0.30        0.30       0.35      Beat    18.2
 This summary was machine generated April 26 at 13:28 GMT.  All
figures in US dollars unless otherwise stated