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

Lakeland Financial

25/10/2022 13:52

* Lakeland Financial Corp  LKFN.OQ  reported quarterly
adjusted
earnings of $1.11​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.03 per share.
    * Revenue rose 10.2% to $62.66 million from a year ago;
analysts
expected $63.08 million. 
    * Lakeland Financial Corp's reported EPS for the quarter was
$1.11​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lakeland Financial Corp shares had risen by 5.2% this
quarter and lost 4.4% so far this year.
    * The company reported quarterly net income of $28.53
million.
    * Wall Street's median 12-month price target for Lakeland
Financial Corp is $70.00 
    * 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 from Refinitiv data October
25 at 12:52 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.03           1.11           Beat
 Jun. 30 2022      0.96           1.00           Beat
 Mar. 31 2022      0.93           0.92           Missed
 Dec. 31 2021      0.96           0.95           Missed