Lakeland Industries Inc reports results for the quarter ended July 31 - Earnings Summary

Reuters
09/10
Lakeland Industries Inc reports results for the quarter ended July 31 - Earnings Summary
  • Lakeland Industries Inc LAKE.OQ reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of four analysts for the quarter was for earnings of 8 cents per share. Wall Street expected results to range from -4 cents to 16 cents per share.

  • Revenue rose 36.3% to $52.50 million from a year ago; analysts expected $54.58 million.

  • Lakeland Industries Inc's reported EPS for the quarter was 8 cents​.

  • The company reported quarterly net income of $766 thousand.

  • Lakeland Industries Inc shares had risen by 10.2% this quarter and lost 41.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"

  • Wall Street's median 12-month price target for Lakeland Industries Inc is $25.00, about 40% above its last closing price of $15.00

This summary was machine generated from LSEG data September 9 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jul. 31 2025

0.08

0.08

Met

Apr. 30 2025

0.19

-0.41

Missed

Jan. 31 2025

0.38

-0.03

Missed

Oct. 31 2024

0.38

0.01

Missed

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