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

Lakeland Industries

08/09/2022 22:01

* Lakeland Industries Inc  LAKE.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in July.
The mean expectation of two analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue rose 2.6% to $28.18 million from a year ago;
analysts
expected $29.55 million. 
    * Lakeland Industries Inc's reported EPS for the quarter was
a
loss of 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.5%
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 14.5% this
quarter and lost 39.5% so far this year.
    * The company reported a quarterly loss of $870 thousand.
    * 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 from Refinitiv data September
8 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.27           0.14           Missed
 Apr. 30 2022      0.24           0.14           Missed
 Jan. 31 2022      0.37           0.17           Missed
 Oct. 31 2021      0.34           0.35           Beat