Lakeland Financial Corp reports results for the quarter ended in March - Earnings Summary

Lakeland Financial

25/04/2022 15:07

* Lakeland Financial Corp  LKFN.OQ  reported quarterly
adjusted
earnings of 92 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 93 cents per share.
    * Revenue fell 1.9% to $55.15 million from a year ago; 
analysts
expected $56.46 million. 
    * Lakeland Financial Corp's reported EPS for the quarter was
92
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Lakeland Financial Corp shares had risen by 4.7% this
quarter and lost 4.7% so far this year.
    * The company reported quarterly net income of $23.64
million.
    * Wall Street's median 12-month price target for Lakeland
Financial Corp is $75.00 
    * 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." 

This summary was machine generated April 25 at 02:07 p.m.  ​All
figures in US dollars unless otherwise stated