Lakeland Industries Q2 EPS $0.32 Vs. $(0.11) Prior Year, Sales $33.07M Beat $30.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lakeland Industries reported Q2 earnings of $0.32 per share, a significant improvement from $(0.11) per share last year. The company's quarterly sales of $33.07 million beat the analyst consensus estimate of $30.40 million by 8.79 percent, marking a 17.34 percent increase over sales of $28.18 million the same period last year.
September 06, 2023 | 9:26 pm
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POSITIVE IMPACT
Lakeland Industries reported strong Q2 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence and the company's stock price in the short term.
Lakeland Industries' Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance. This could potentially lead to increased investor confidence and a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100