• Markets
• News

• Lakeland Industries Inc LAKE.OQ reported a quarterly adjusted loss of 19 cents​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of two analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 29 cents to 42 cents per share.

• Revenue rose 16.5% to $38.51 million from a year ago; analysts expected $39.90 million.

• Lakeland Industries Inc's reported EPS for the quarter was a loss of 19 cents​.

• The company reported a quarterly loss of $1.38 million.

• Lakeland Industries Inc shares had risen by 3.7% this quarter and gained 28.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.4% in the last three months.​

• In the last 30 days, there have been 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 2 "strong buy" or "buy," "hold" and "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 $27.00

This summary was machine generated from LSEG data September 5 at 02:40 a.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)