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Lakeland Financial Shares Fall After Q2 Core Earnings Decline
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Lakeland Financial Shares Fall After Q2 Core Earnings Decline
Jul 25, 2024 7:17 AM

09:55 AM EDT, 07/25/2024 (MT Newswires) -- Lakeland Financial ( LKFN ) shares were down 1.6% in recent Thursday trading after the company reported Q2 core earnings of $0.74 per diluted share, down from $1.05 a year earlier.

Four analysts polled by Capital IQ expected $0.85.

Revenue for the quarter ended June 30, expressed as the sum of net interest income and total noninterest income, was $68.7 million, up from $60.0 million a year earlier.

Three analysts polled by Capital IQ expected $60.7 million.

Price: 68.13, Change: -1.12, Percent Change: -1.62

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