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Lakeland Financial (LKFN) Q1 Earnings Lag Estimates

Lakeland Financial (LKFN) came out with quarterly earnings of 0.78pershare,missingtheZacksConsensusEstimateof0.78 per share, missing the Zacks Consensus Estimate of 0.87 per share. This compares to earnings of 0.88pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof10.340.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.34%. A quarter ago, it was expected that this holding company for Lake City Bank would post earnings of 0.89 per share when it actually produced earnings of $0.94, delivering a surprise of 5.62%.Over the la ...