Surely this is a followup of some other answer, yet:
This is not the correct way:
Label lbl = (Label)(lblCtrl.FindControl("labelcontrol"));
Instead of this, once you have the usercontrol with you, directly refer the Display_Label property exposed.
Thus, this should do:
Label lbl = lblCtrl.Display_Label;
Try to understand how properties are exposed and used. Hit-n-Try would not help much.