Lakeland Bancorp Inc expected to post earnings of 42 cents a share - Earnings Preview

Lakeland Bancorp

24/01/2022 13:32

* Lakeland Bancorp Inc  LBAI.OQ   LBAI.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
26. 
    * The Oak Ridge New Jersey-based  company is expected to
report  a
4.8% increase in revenue to $64.927 million from $61.98 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 42 cents per share. For the same quarter last
year, the company reported earnings of 37 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 $22​, about 13.1% above​ its last closing price
of $19.12. ​​​
    * 

This summary was machine generated January 24 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated