Lakeland Industries Q2 EPS $(0.50) Misses $(0.05) Estimate, Sales $50.139M Miss $51.483M Estimate
Lakeland Industries (NASDAQ:LAKE) reported quarterly losses of $(0.50) per share which missed the analyst consensus estimate of $(0.05) by 900 percent. This is a 725 percent decrease over earnings of $0.08 per share
Lakeland Industries made less money than people expected this quarter—their loss was much bigger than forecast. When a company does worse than expected, it can make people worry about whether things will get better soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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