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Lakeland Financial Corp. Beats Estimates with $28.9 Million in Third Quarter Profit

Associated Press · ·by G4L

LKFN
LKFN Lakeland Financial Corp
$61.84 -0.37%
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  1. 1Lakeland Financial Corp. announced third quarter profit of $28.9 million on Monday.
  2. 2Lakeland Financial Corp. reported earnings per share of $1.14 for the third quarter.
  3. 3This figure exceeded the average estimate of $1.08 per share from 3 analysts surveyed by Zacks Investment Research for the third quarter.

So what's the key point?

Lakeland Financial earned more money in the third quarter than experts expected. This means the earnings per share of $1.14 went beyond the anticipated level.

Source Associated Press · View original ↗

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