Lakeland Financial (NASDAQ:LKFN) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.05 by 9.95 percent. This is a 23.4 percent increase over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $69.796 million which beat the analyst consensus estimate of $69.496 million by 0.43 percent. This is a 9.79 percent increase over sales of $63.570 million the same period last year.