Desjardins Equities Analysts Increase Earnings Estimates for Lassonde Industries Inc (TSE:LAS)

Lassonde Industries Inc (TSE:LAS) – Research analysts at Desjardins lifted their Q3 2024 earnings estimates for Lassonde Industries in a report issued on Monday, June 24th. Desjardins analyst F. Tremblay now expects that the company will post earnings per share of $4.70 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 posted its 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 firm had revenue of C$569.80 million during the quarter, compared to the consensus estimate 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 Announces Dividend

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

Lassonde Industries Company Profile

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.