Lassonde Industries (TSE:LAS) Posts Quarterly Earnings Results, Misses Estimates By $0.21 EPS

Lassonde Industries (TSE:LASGet Free Report) announced its earnings results on Thursday. The company reported C$3.14 earnings per share for the quarter, missing the consensus estimate of C$3.35 by C($0.21), reports. The firm had revenue of C$604.80 million for the quarter, compared to analyst estimates of C$603.05 million.

Lassonde Industries Stock Performance

Lassonde Industries has a 52 week low of C$209.50 and a 52 week high of C$269.18.

Lassonde Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, February 26th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This is an increase from Lassonde Industries’s previous quarterly dividend of $0.50. This represents a $4.00 annualized dividend and a dividend yield of ∞.

Lassonde Industries Company Profile

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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.

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Earnings History for Lassonde Industries (TSE:LAS)

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