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

Lakeland Industries

08/12/2022 22:01

* Lakeland Industries Inc  LAKE.OQ  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in
October. The mean expectation of two analysts for the quarter
was for earnings of 29 cents per share.
    * Revenue fell 5.5% to $28.39 million from a year ago;
analysts
expected $29.76 million. 
    * Lakeland Industries Inc's reported EPS for the quarter was
19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lakeland Industries Inc shares had risen by 17.0% this
quarter and lost 37.8% so far this year.
    * The company reported quarterly net income of $1.43
million.
    * Wall Street's median 12-month price target for Lakeland
Industries Inc is $24.00 
    * 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 December
8 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.29           0.19           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