Lakeland Industries jumps on first EPS beat in 7 quarters

Lakeland Industries

09/09/2019 22:49

** Safety garments maker's shares  LAKE.O  up 13.5% at
$11.75 in after-hours trade
    ** Co set to have the best day in 4 years on Tuesday, if
gains hold
    ** Posts Q2 EPS of 17 cents, blowing past analysts' est of 4
cents - IBES data from Refinitiv
    ** First EPS beat in 7 qtrs, with an earnings surprise of
386%; last beat was in Oct, 2017
    ** Sales rose across disposable garments, chemical suits,
fire retardant products and high visibility apparel, co says  urn:newsml:reuters.com:*:nACS7rZSXa
    ** Upto Monday's close, stock up 1.6% this year

 (Reporting by Bharath Manjesh in Bengaluru)
 ((Bharath.ManjeshR@thomsonreuters.com;  outside U.S. +91 80
6749 8400;))