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

Lakeland Financial

25/10/2021 14:01

* Lakeland Financial Corp  LKFN.OQ  reported quarterly adjusted
earnings of 94 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 93 cents per share.
* Revenue rose 7.2% to $56.86 million from a year ago;  analysts
expected $56.62 million. 
* Lakeland Financial Corp's reported EPS for the quarter was 94
cents​.
* The mean earnings estimate of analysts had risen by about 0.3%
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 9.7% this
quarter and gained 45.8% so far this year.
* The company reported quarterly net income of $24.12 million.
* Wall Street's median 12-month price target for Lakeland
Financial Corp is $63.00 
* 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 October 25 at 01:01 p.m.
 ​All figures in US dollars unless otherwise stated