Lakeland Bancorp (NASDAQ:LBAI) reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Lakeland Bancorp missed estimated earnings by 34.21%, reporting an EPS of $0.25 versus an estimate of $0.38.
Revenue was up $14.68 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.33% drop in the share price the next day.
Here's a look at Lakeland Bancorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.44 | 0.43 | 0.39 |
| EPS Actual | 0.43 | 0.46 | 0.53 | 0.45 |
| Revenue Estimate | 64.93M | 64.83M | 64.66M | 63.43M |
| Revenue Actual | 64.89M | 64.81M | 65.01M | 62.49M |
To track all earnings releases for Lakeland Bancorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
