Q3 2024 EPS Estimates for Lassonde Industries Inc Raised by Desjardins (TSE:LAS)

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

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

Lassonde Industries Stock Performance

Lassonde Industries has a 12-month low of C$209.50 and a 12-month high of C$269.18.

Lassonde Industries Dividend Announcement

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