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LAKE — Lakeland Industries News Story

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Lakeland Industries Inc reports results for the quarter ended January 31 - Earnings Summary

Lakeland Industries Inc LAKE.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -13 cents.  The mean expectation of four analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 14 cents to 60 cents per share.

Revenue rose 49.3% to $46.63 million from a year ago; analysts expected $46.48 million.

Lakeland Industries Inc's reported EPS for the quarter was a loss of $2.48​.

The company reported a quarterly loss of $18.44 million.

Lakeland Industries Inc shares had fallen by 18.7% this quarter and lost 35.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 26.4% 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 also "buy"

Wall Street's median 12-month price target for Lakeland Industries Inc is $28.50

This summary was machine generated from LSEG data April 9 at 09:01 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
Jan. 31 20250.38-0.03Missed
Oct. 31 20240.380.01Missed
Jul. 31 20240.36-0.19Missed
Apr. 30 20240.310.22Missed

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