Lakeland Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Lakeland Bancorp

26/01/2022 14:30

* Lakeland Bancorp Inc  LBAI.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 42 cents per share.
    * Revenue rose 4.7% to $64.89 million from a year ago; 
analysts
expected $64.93 million. 
    * Lakeland Bancorp Inc's reported EPS for the quarter was 43
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lakeland Bancorp Inc shares had risen by 3.7% this
quarter.
    * The company reported quarterly net income of $22.17
million.
    * Wall Street's median 12-month price target for Lakeland
Bancorp
Inc is $22.00 
    * 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." 

This summary was machine generated January 26 at 02:30 p.m.
 ​All figures in US dollars unless otherwise stated