Lakeland Financial Corp expected to post earnings of 96 cents a share - Earnings Preview

Lakeland Financial

21/01/2022 13:02

* Lakeland Financial Corp  LKFN.OQ   LKFN.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
25. 
    * The Warsaw Indiana Indiana-based  company is expected to
report 
a 1.5% increase in revenue to $57.321 million from $56.5 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 96 cents per share. For the same quarter last
year, the company reported earnings of 97 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 $72​, about 11.2% below​ its last closing
price of $80.05. ​​​
    * 

This summary was machine generated January 21 at 13:02 GMT.  All
figures in US dollars  unless otherwise stated