Q3 2024 EPS Estimates for Lassonde Industries Inc Boosted by Analyst (TSE:LAS)

Lassonde Industries Inc (TSE:LAS) – Equities researchers at National Bank Financial lifted their Q3 2024 earnings estimates for Lassonde Industries in a research report issued to clients and investors on Sunday, March 24th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $4.17 per share for the quarter, up from their previous forecast of $3.89. National Bank Financial also issued estimates for Lassonde Industries’ Q4 2024 earnings at $4.44 EPS, Q1 2025 earnings at $2.96 EPS, Q2 2025 earnings at $4.21 EPS, Q3 2025 earnings at $4.54 EPS and Q4 2025 earnings at $4.84 EPS.

Lassonde Industries (TSE:LAS) last issued its quarterly earnings results on Thursday, March 21st. The company reported C$3.14 EPS for the quarter, missing analysts’ consensus estimates of C$3.35 by C($0.21). The business 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 firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders 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 a positive change from Lassonde Industries’s previous quarterly dividend of $0.50. This represents a $4.00 annualized dividend and a yield of ∞.

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.