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LAKE — Lakeland Industries News Story

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Lakeland Industries Inc reports results for the quarter ended April 30 - Earnings Summary

Lakeland Industries Inc LAKE.OQ reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 22 cents.  The mean expectation of four analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 14 cents to 27 cents per share.

Revenue rose 28.7% to $46.75 million from a year ago; analysts expected $48.85 million.

Lakeland Industries Inc's reported EPS for the quarter was a loss of 41 cents​.

The company reported a quarterly loss of $3.91 million.

Lakeland Industries Inc shares had fallen by 11.3% this quarter and lost 29.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 50.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is  "hold."

Wall Street's median 12-month price target for Lakeland Industries Inc is $26.50

This summary was machine generated from LSEG data June 9 at 09:00 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Apr. 30 20250.19-0.41Missed
Jan. 31 20250.38-0.03Missed
Oct. 31 20240.380.01Missed
Jul. 31 20240.36-0.19Missed

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