Q3 Earnings Forecast for TSE:LAS Issued By Stifel Canada

Lassonde Industries Inc (TSE:LAS) – Research analysts at Stifel Canada issued their Q3 2024 earnings estimates for Lassonde Industries in a report released on Tuesday, October 22nd. Stifel Canada analyst M. Landry anticipates that the company will post earnings of $3.92 per share for the quarter. Stifel Canada has a “Strong-Buy” rating on the stock. Stifel Canada also issued estimates for Lassonde Industries’ Q4 2024 earnings at $3.80 EPS, FY2024 earnings at $17.13 EPS and FY2025 earnings at $20.80 EPS.

Lassonde Industries (TSE:LAS) last released its earnings results on Thursday, August 8th. The company reported C$5.73 EPS for the quarter, topping the consensus estimate of C$3.77 by C$1.96. The company had revenue of C$624.70 million during the quarter, compared to the consensus estimate of C$599.15 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, August 20th were issued a $1.00 dividend. The ex-dividend date was Tuesday, August 20th. 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.