Lakeland Industries's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Lakeland Industries (NASDAQ:LAKE) is set to release its latest quarterly earnings report on June 7, 2023. Analysts estimate an EPS of $0.13. Last quarter, the company missed EPS by $0.20, resulting in a 7.39% drop in share price the next day. Shares are currently trading at $10.99 and are down 40.01% over the last 52-week period.
June 06, 2023 | 3:02 pm
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Lakeland Industries is set to release its quarterly earnings report on June 7, 2023, with an estimated EPS of $0.13. The company's past performance has resulted in negative price changes after earnings releases.
Lakeland Industries has a history of negative price changes after earnings releases, with the last quarter resulting in a 7.39% drop in share price. Given the current trading price of $10.99 and a 40.01% decline over the last 52 weeks, it is likely that the stock price will be negatively impacted in the short term if the company misses the EPS estimate or provides weak guidance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100