12:06 PM EDT, 09/09/2022 (MT Newswires) -- (Updates story with stock movement in the headline and the last paragraph)
Lakeland Industries (LAKE) reported fiscal Q2 adjusted earnings late Thursday of $0.14 per diluted share, down from $0.36 a year earlier.
Two analysts polled by Capital IQ forecast $0.27.
Sales for the quarter ended July 31 totaled $28.2 million, up from $27.5 million a year earlier.
Two analysts surveyed by Capital IQ projected $29.6 million.
Shares of the protective clothing maker plunged more than 7% in Friday midday trading.
Price: 12.20, Change: -0.93, Percent Change: -7.08