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

Lakeland Industries

09/06/2022 22:01

* Lakeland Industries Inc  LAKE.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in April.
The mean expectation of two analysts for the quarter was
for earnings of 24 cents per share.
    * Revenue fell 20% to $27.28 million from a year ago; 
analysts
expected $27.32 million. 
    * Lakeland Industries Inc's reported EPS for the quarter was
14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lakeland Industries Inc shares had fallen by 4.5% this
quarter and lost 15.6% so far this year.
    * The company reported quarterly net income of $1.13
million.
    * Wall Street's median 12-month price target for Lakeland
Industries Inc is $28.00 
    * 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." 

This summary was machine generated June 9 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated