Lakeland Industries Inc expected to post earnings of 34 cents a share - Earnings Preview

Lakeland Industries

07/12/2021 21:19

* Lakeland Industries Inc  LAKE.OQ   LAKE.O  is expected to show
a fall in quarterly revenue when it reports  results on December
9. 
* The Decatur Alabama-based  company is expected to report  a
25.3% decrease in revenue to $30.982 million from $41.45 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lakeland Industries Inc
is for earnings of 34 cents per share. For the same quarter last
year, the company reported earnings of $1.14 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 mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Lakeland
Industries Inc is $40​, about 51.8% above​ its last closing
price of $19.27. ​​​
This summary was machine generated December 7 at 21:19 GMT.  All
figures in US dollars  unless otherwise stated