Lakeland Bancorp (NASDAQ:LBAI) reported its Q3 earnings results on Thursday, October 27, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lakeland Bancorp missed estimated earnings by 2.04%, reporting an EPS of $0.48 versus an estimate of $0.49.
Revenue was up $22.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 3.38% increase in the share price the next day.
Here’s a look at Lakeland Bancorp’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 0.38 | 0.42 | 0.44 |
| EPS Actual | 0.44 | 0.25 | 0.43 | 0.46 |
| Revenue Estimate | 81.82M | 81.78M | 64.93M | 64.83M |
| Revenue Actual | 87.36M | 77.17M | 64.89M | 64.81M |
To track all earnings releases for Lakeland Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
