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

Lakeland Industries

07/06/2023 22:58

* Lakeland Industries Inc  LAKE.OQ  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in April.
The mean expectation of two analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue rose 5.2% to $28.70 million from a year ago;
analysts
expected $28.71 million. 
    * Lakeland Industries Inc's reported EPS for the quarter was
18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50%
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 21.9% this
quarter and lost 14.3% so far this year.
    * The company reported quarterly net income of $1.32
million.
    * Wall Street's median 12-month price target for Lakeland
Industries Inc is $21.00 
    * 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 from LSEG Refinitiv data June
7 at 09:57 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.13           0.18           Beat
 Jan. 31 2023      0.22           0.02           Missed
 Oct. 31 2022      0.29           0.19           Missed
 Jul. 31 2022      0.27           0.14           Missed