$LAKE – Lakeland Industries, Inc.
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. The company was founded in 1982 and is headquartered in Decatur, Alabama. Lakeland is scheduled to report earning after the close of the market this coming Wednesday. Analyst expect an earnings per share increase of over 212%, a sales increase of more than $37 million dollars, as well as a revenue spike of $151.70 million from prior year quarter this time last year. This would represent changes of +417.78% and +40.7%, respectively due to the Coronavirus pandemic. The stock is up 93.71% for the year as it ended the week trading at $21.25 -1.29 or -5.72% for the week on lighter than average trading volume of 2,723,617 million. The average trading volume for Lakeland Industries is 2.49 million.
By Marlin Rolle
No comments:
Post a Comment