Lakeland Financial Corp expected to post earnings of 90  cents a share - Earnings Preview

Lakeland Financial

22/04/2022 15:32

* Lakeland Financial Corp  LKFN.OQ   LKFN.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 25
(estimated). 
    * The Warsaw Indiana Indiana-based  company is expected to
report 
a 0.4% increase in revenue to $56.462 million from $56.24
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 90 cents per share. For the same quarter last
year, the company reported earnings of 90 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 $75​, below​ its last closing price of $78.00.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.95        0.96       0.95      Missed  -1
 Sep. 30 2021  0.95        0.93       0.94      Beat    1.1
 Jun. 30 2021  0.87        0.84       0.95      Beat    13.6​
 Mar. 31 2021  0.89        0.88       0.90      Beat    2
 ​​Dec.        0.82        0.80       0.97      Beat    20.6
 31 2020                                                
 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
 This summary was machine generated April 22 at 14:31 GMT.  All
figures in US dollars  unless otherwise stated