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Lakeland Financial (NASDAQ:LKFN) will release its quarterly earnings report on Friday, 2024-10-25. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Lakeland Financial to report an earnings per share (EPS) of $0.88.
Investors in Lakeland Financial are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Last quarter the company missed EPS by $0.11, which was followed by a 0.61% increase in the share price the next day.
Here's a look at Lakeland Financial's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.85 | 0.86 | 0.89 | 0.90 |
| EPS Actual | 0.74 | 0.88 | 0.98 | 0.98 |
| Price Change % | 1.0% | -1.0% | 5.0% | 2.0% |
Shares of Lakeland Financial were trading at $65.4 as of October 23. Over the last 52-week period, shares are up 33.99%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Lakeland Financial visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: LKFN
