Lakeland Industries (LAKE) Lags Q3 Earnings Estimates
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Lakeland Industries (LAKE) reported Q3 earnings of $0.01 per share, significantly missing the Zacks Consensus Estimate of $0.40 per share and down from $0.34 per share a year ago.
December 06, 2024 | 12:00 am
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NEGATIVE IMPACT
Lakeland Industries reported Q3 earnings of $0.01 per share, missing the expected $0.40 and showing a decline from $0.34 a year ago.
The significant miss on earnings estimates and the year-over-year decline in earnings per share are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100