Lakeland Industries (NASDAQ:LAKE) reported its Q3 earnings results on Thursday, December 9, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Lakeland Industries beat estimated earnings by 6.06%, reporting an EPS of $0.35 versus an estimate of $0.33, which did not surprise analysts.
Revenue was up $11,419,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11, which was followed by a 12.97% drop in the share price the next day.
Here’s a look at Lakeland Industries’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.53 | 0.66 | 0.53 |
| EPS Actual | 0.31 | 0.57 | 0.96 | 1.14 |
| Revenue Estimate | 33.28M | 33.89M | 34.96M | 34.28M |
| Revenue Actual | 27.47M | 34.09M | 36.90M | 41.45M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.