Core Viewpoint - Lakeland Industries reported a quarterly loss of $0.54 per share, significantly missing the Zacks Consensus Estimate of $0.43, and showing a decline from earnings of $0.22 per share a year ago, indicating a substantial earnings surprise of -225.58% [1] Financial Performance - The company posted revenues of $46.6 million for the quarter ended January 2025, which was 2.92% below the Zacks Consensus Estimate, but an increase from $31.2 million in the same quarter last year [2] - Over the last four quarters, Lakeland Industries has not surpassed consensus EPS estimates and has topped consensus revenue estimates only twice [2] Stock Performance - Lakeland Industries shares have declined approximately 35.3% since the beginning of the year, in contrast to the S&P 500's decline of -15.3% [3] - The current Zacks Rank for Lakeland Industries is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $49.8 million, and for the current fiscal year, it is $1.30 on revenues of $211.9 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Security and Safety Services industry, to which Lakeland Industries belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a relatively strong industry performance [8] - MSA Safety, another company in the same industry, is expected to report quarterly earnings of $1.59 per share, reflecting a year-over-year change of -1.2% [9]
Lakeland Industries (LAKE) Reports Q4 Loss, Misses Revenue Estimates