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

Lakeland Bancorp

27/10/2021 08:29

* Lakeland Bancorp Inc  LBAI.OQ  reported quarterly adjusted
earnings of 47 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 44 cents per share.
* Revenue rose 10% to $64.81 million from a year ago;  analysts
expected $64.83 million. 
* Lakeland Bancorp Inc's reported EPS for the quarter was 43
cents​.
* The mean earnings estimate of analysts had risen by about 0.7%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Lakeland Bancorp Inc shares had risen by 1.8% this quarter and
gained 41.3% so far this year.
* The company reported quarterly net income of $22.29 million.
* Wall Street's median 12-month price target for Lakeland
Bancorp Inc is $21.50 
* 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 October 27 at 07:29 a.m.
 ​All figures in US dollars unless otherwise stated