Lakeland Financial Q3 Adj $0.91 Beats $0.88 Estimate, Sales $61.19M Miss $61.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lakeland Financial reported Q3 earnings of $0.91 per share, beating estimates but showing a decrease from last year. Sales were slightly below expectations but increased from the previous year.
October 25, 2024 | 11:10 am
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Lakeland Financial's Q3 earnings per share of $0.91 beat expectations but were lower than last year's $0.98. Sales of $61.19M missed estimates slightly but increased from last year.
The earnings per share beat expectations, which is positive, but the decrease from last year and the slight miss in sales estimates may neutralize the impact. The market may react neutrally in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100