Lakeland Financial Corp. (LKFN) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $24.19 million, or $0.94 per share. This compares with $29.63 million, or $1.16 per share, last year.
Excluding items, Lakeland Financial Corp. reported adjusted earnings of $0.94 per share for the period.
Analysts on average had expected the company to earn $0.90 per share. Analysts' estimates typically exclude special items.
Lakeland Financial Corp. earnings at a glance (GAAP) :
-Earnings: $24.19 Mln. vs. $29.63 Mln. last year.
-EPS: $0.94 vs. $1.16 last year.
For comments and feedback: editorial@rttnews.com