Lassonde Industries Inc Expected to Earn FY2024 Earnings of $16.10 Per Share (TSE:LAS)

Posted by Defense World Staff on Jun 27th, 2024

Lassonde Industries Inc (TSE:LAS – Free Report) – Stock analysts at Desjardins raised their FY2024 earnings per share (EPS) estimates for Lassonde Industries in a report released on Monday, June 24th. Desjardins analyst F. Tremblay now expects that the company will earn $16.10 per share for the year, up from their previous estimate of $15.27. Desjardins also issued estimates for Lassonde Industries’ FY2025 earnings at $18.53 EPS.

Lassonde Industries Stock Performance

Lassonde Industries has a 1-year low of C$209.50 and a 1-year high of C$269.18.

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

Lassonde Industries Dividend Announcement

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

Lassonde Industries Company Profile

(Get Free Report)

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.