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

Lakeland Bancorp

27/04/2021 16:48

* Lakeland Bancorp Inc  LBAI.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 39 cents per share.
* Revenue rose 7.9% to $62.49 million from a year ago​; 
analysts expected $63.43 million.
* Lakeland Bancorp Inc's reported EPS for the quarter was 45
cents​.
* The mean earnings estimate of analysts had risen by
about 23.6% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Lakeland Bancorp Inc shares had fallen by 0.2% this
quarter and gained 36.9% so far this year.
* The company reported quarterly net income of $23.18 million.
* Wall Street's median 12-month price target for Lakeland
Bancorp Inc is $18.00 
* 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 April 27 at 03:48 p.m. GMT.
​All figures in US Dollars.​