Lakeland Industries Inc expected to post earnings of 31 cents a share - Earnings Preview

Lakeland Industries

31/05/2024 21:31

* Lakeland Industries Inc  LAKE.OQ   LAKE.O  is expected
to show a
rise in quarterly revenue when it reports  results on June 4 for
the period ending April 30 2024
    * The Huntsville Alabama-based  company is expected to
report a
13.1% increase in revenue to $32.45 million from $28.7 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Lakeland Industries Inc
is for
earnings of 31 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the apparel &
accessories peer group is also "Buy".​
    * Wall Street's median 12-month price target for Lakeland
Industries Inc is $21.50​, above​ its last closing price
of $18.68. ​​​

This summary was machine generated May 31 at 20:31 GMT.  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)