Recap: Lakeland Bancorp Q2 Earnings

Lakeland Bancorp LBAI reported its Q2 earnings results on Thursday, July 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Lakeland Bancorp beat estimated earnings by 2.33%, reporting an EPS of $0.44 versus an estimate of $0.43.

Revenue was up $22.36 million from the same period last year.

Last quarter the company missed on EPS by $0.13 which was followed by a 3.59% drop in the share price the next day.

Here's a look at Lakeland Bancorp's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.38	0.42	0.44	0.43
EPS Actual	0.25	0.43	0.46	0.53
Revenue Estimate	81.78M	64.93M	64.83M	64.66M
Revenue Actual	77.17M	64.89M	64.81M	65.01M

To track all earnings releases for Lakeland Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.