Lakeland Financial Corp expected to post earnings of 88  cents a share - Earnings Preview

Lakeland Financial

23/04/2021 13:01

* Lakeland Financial Corp  LKFN.OQ   LKFN.O  is expected to show
a rise in quarterly revenue when it reports results on April 26
(estimated).
* The Warsaw Indiana, Indiana-based company is expected to
report  a 14.2% increase in revenue to $56.667 million from
$49.63 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Lakeland Financial Corp
is for earnings of 88 cents per share. For the same quarter last
year, the company reported earnings of 67 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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
Financial Corp is $68​, about 1.3% above​ its last closing price
of $67.13. ​​​
* 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  0.82        0.80       0.97      Beat    20.6
 Sep. 30 2020  0.72        0.73       0.89      Beat    21.4
 Jun. 30 2020  0.54        0.54       0.77      Beat    42.6​
 Mar. 31 2020  0.58        0.59       0.67      Beat    13.2
 Dec.          0.77​       0.77       0.86      Beat    11.5​
 31​ 2019​                                              
 Sep. 30 2019  0.78        0.77       0.83      Beat    8.5​
 Jun. 30 2019  0.82        0.81       0.85      Beat    4.4
 Mar. 31 2019  0.81        0.81       0.84      Beat    4.3
 This summary was machine generated April 23 at 12:01 GMT.  All
figures in US dollars unless otherwise stated