Analysts Issue Forecasts for Lassonde Industries Inc’s Q3 2024 Earnings (TSE:LAS)

Lassonde Industries Inc (TSE:LAS) – Research analysts at Desjardins lifted their Q3 2024 EPS estimates for shares of Lassonde Industries in a research note issued on Monday, June 24th. Desjardins analyst F. Tremblay now expects that the company will post earnings of $4.70 per share for the quarter, up from their prior estimate of $4.04. Desjardins also issued estimates for Lassonde Industries’ Q4 2024 earnings at $4.37 EPS.

Lassonde Industries (TSE:LAS) last announced its quarterly earnings results on Thursday, May 9th. The company reported C$3.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$2.95 by C$0.73. The company had revenue of C$569.80 million during the quarter, compared to the consensus estimate of C$575.00 million.

Lassonde Industries Price Performance

Lassonde Industries has a fifty-two week low of C$209.50 and a fifty-two week high of C$269.18.

Lassonde Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Wednesday, May 22nd were issued a $1.00 dividend. The ex-dividend date was Tuesday, May 21st. This represents a $4.00 dividend on an annualized basis and a dividend yield of ∞.

About Lassonde Industries

Lassonde Industries Inc is a Canada-based company, which develops, manufactures and markets a range of ready-to-drink fruit and vegetable juices and drinks. The Company is a producer of store brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The Company operates in two market segments: the retail segment and the food service segment.