Lakeland Industries (LAKE) Reports Q2 Loss, Misses Revenue Estimates

Lakeland Industries (LAKE) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of $0.42. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -145.24%. A quarter ago, it was expected that this safety garments manufacturer would post earnings of $0.38 per share when it actually produced earnings of $0.22, delivering a surprise of -42.11%. Over the last four quarter ...