Lakeland Industries, Inc. (NASDAQ:LAKE) manufacturer of safety garments and accessories, is expected to report second quarter earnings results, after market close, on Wednesday 9th September 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.38 per share.
Looking ahead, the full year income are expected at $ 2.02 per share on the revenues of $ 149.15 million.
Previous Quarter Performance
Lakeland Industries, Inc. reported income for the first quarter of $ 1.07 per share, from the revenue of $ 45.58 million. Wall street analysts are predicting, LAKE to report 1Q21 income of $ 0.15 per share from revenue of $ 27.76 million. The top line results outshined analysts by $ 17.82 million or 64.19 percent.
Stock Performance
Shares of Lakeland Industries, Inc. traded up $ 0.48 or 2.26 percent on Tuesday, reaching $ 21.73 with volume of 464.10 thousand shares. Lakeland Industries, Inc. has traded high as $ 22.20 and has cracked $ 21.14 on the downward trend
According to the previous trading day, closing price of $ 21.73, representing a 113.14 % increase from the 52 week low of $ 9.97 and a 24.11 % decrease over the 52 week high of $ 28.00.
The company has a market capital of $ 173.32 million and is part of the Healthcare sector and Medical Instruments & Supplies industry.
Conference Call
Lakeland Industries, Inc. will be hosting a conference call at 4:30 PM eastern time on 9th September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lakeland.com
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire, burns, and excessive heat.
