Lakeland Financial First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Lakeland Financial Corporation (LKFN)
Last lakeland financial corporation earnings: 4/27 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
lakecitybank.com/lakeland-financial-corporation-present-keefe-bruyette-woods-2016-community-bank-investor-conference
Company Research
Source: Yahoo! Finance
Net income: US$23.4m (down 3.6% from 1Q 2023). Profit margin: 40% (down from 42% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$0.91 (down from US$0.95 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Lakeland Financial Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Looking ahead, revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 1.7% from a week ago. Risk Analysis Before you take the next step you should know about the 2 warning signs for Lakeland Financial (1 can't be ignored!) that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team
Show less
Read more
Impact Snapshot
Event Time:
LKFN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LKFN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LKFN alerts
High impacting Lakeland Financial Corporation news events
Weekly update
A roundup of the hottest topics
LKFN
News
- Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology Center [Yahoo! Finance]Yahoo! Finance
- Lake City Bank Expands Downtown Campus with Building Acquisition to become the Innovation and Technology CenterGlobeNewswire
- Another New Leader for Indianapolis Museum Roiled by Racism Outcry [The New York Times]The New York Times
- Lakeland Financial Co. (NASDAQ: LKFN) had its price target raised by analysts at Keefe, Bruyette & Woods from $64.00 to $65.00. They now have a "market perform" rating on the stock.MarketBeat
- Institutional investors are Lakeland Financial Corporation's (NASDAQ:LKFN) biggest bettors and were rewarded after last week's US$88m market cap gain [Yahoo! Finance]Yahoo! Finance
LKFN
Earnings
- 7/26/24 - Beat
LKFN
Sec Filings
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 8/27/24 - Form 4/A
- LKFN's page on the SEC website