Lakeland Financial (NASDAQ:LKFN) reported its Q3 earnings results on Monday, October 25, 2021 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Lakeland Financial beat their estimated earnings by 1.08%, which did not surprise analysts.
Revenue was up $3,827,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11, which was followed by a 0.7% increase in the share price the next day.
Here’s a look at Lakeland Financial’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.84 | 0.88 | 0.80 | 0.71 |
| EPS Actual | 0.95 | 0.90 | 0.97 | 0.89 |
| Revenue Estimate | 54.93M | 56.67M | 53.60M | 51.37M |
| Revenue Actual | 55.00M | 56.24M | 56.49M | 53.03M |
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