Lakeland Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Lakeland Financial Corp reports results for the quarter ended June 30 - Earnings Summary
Lakeland Financial Corp LKFN.OQ reported quarterly adjusted earnings of $1.13 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.04. The mean expectation of four analysts for the quarter was for earnings of $1.08 per share. Wall Street expected results to range from $1.07 to $1.10 per share.
Revenue rose 6.8% to $70.87 million from a year ago; analysts expected $72.01 million.
Lakeland Financial Corp's reported EPS for the quarter was $1.13.
The company reported quarterly net income of $28.44 million.
Lakeland Financial Corp shares had fallen by 1.0% this quarter and gained 7.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
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 average consensus recommendation for the banks peer group is also "hold"
This summary was machine generated from LSEG data July 27 at 12:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.08 | 1.13 | Beat |
Mar. 31 2026 | 1.01 | 1.04 | Beat |
Dec. 31 2025 | 1.06 | 1.16 | Beat |
Sep. 30 2025 | 1.04 | 1.03 | Missed |
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