Lakeland Financial Corporation ($LKFN) Q3 2024 Earnings Preview

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The third quarter financial results of Lakeland Financial Corporation (NASDAQ: LKFN) will be revealed on Friday 25th October 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.

The latest projections from financial analysts on Wall Street suggest that the enterprise is likely to reveal an estimated $0.88 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $61.34 million for the period.

The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.98. This figure was a result of the company's total revenue, which reached an impressive $59.23 million during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $247.01 million. Additionally, they are expecting the company to report profit of $3.53 per share for the fiscal year 2024.

 

Wednesday's trading saw Lakeland Financial Corporation (LKFN) shares hit a low of $64.54 and a high of $65.76, with a day volume of 65.60 thousand shares. The stock closed the regular trading session at $65.40, marking 0.60 percent gain.