Lakeland Industries Inc expected to post earnings of 43 cents a share - Earnings Preview

Lakeland Industries

07/09/2021 21:02

* Lakeland Industries Inc  LAKE.OQ   LAKE.O  is expected to show
a fall in quarterly revenue when it reports results on September
9. 
* The Decatur, Alabama-based company is expected to report   a
5.0% decrease in revenue to $33.279 million from $35.02 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 43 cents per share. For the same quarter last
year, the company reported earnings of $1.16 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 40% above​ its last closing price
of $24.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Apr. 30 2021  0.54        0.54       0.57      Beat    6.5
 Jan. 31 2021              0.66       0.95      Beat    43.9
 Oct. 31 2020  0.53        0.53       1.14      Beat    115.1​
 Jul. 31 2020  0.33        0.32       1.16      Beat    262.5
 Apr.          0.16​       0.16       1.07      Beat    590.3​
 30​ 2020​                                              
 Jan. 31 2020  0.15        0.15       0.15      Met     3.4​
 Oct. 31 2019  0.15        0.15       0.14      Missed  -3.4
 Jul. 31 2019  0.03        0.04       0.17      Beat    385.7
 This summary was machine generated September 7 at 20:02 GMT. 
All figures in US dollars unless otherwise stated