Earnings Preview For Lakeland Financial

Lakeland Financial LKFN is set to give its latest quarterly earnings report on Tuesday, 2022-01-25. Here's what investors need to know before the announcement.

Analysts estimate that Lakeland Financial will likely report an Earnings Per Share (EPS) of $0.96.

Lakeland Financial bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.01, which was followed by a 5.73% drop in the share price the next day.

Here's a look at Lakeland Financial's past performance and the resulting price change:

Stock Performance

Shares of Lakeland Financial were trading at $79.84 as of January 21. Over the last 52-week period, shares are up 27.96%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.