Lassonde Industries Inc (TSE:LAS) Expected to Post Q4 2024 Earnings of $4.37 Per Share

Lassonde Industries Inc (TSE:LAS) – Stock analysts at National Bank Financial lowered their Q4 2024 earnings per share estimates for Lassonde Industries in a research note issued to investors on Thursday, October 10th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $4.37 for the quarter, down from their previous forecast of $4.56. National Bank Financial also issued estimates for Lassonde Industries’ Q2 2025 earnings at $5.22 EPS, Q4 2025 earnings at $5.03 EPS, FY2025 earnings at $19.47 EPS and FY2026 earnings at $21.20 EPS.

Lassonde Industries (TSE:LAS) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$5.73 EPS for the quarter, beating the consensus estimate of C$3.77 by C$1.96. The business had revenue of C$624.70 million during the quarter, compared to analysts’ expectations of C$599.15 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 declared 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 of this dividend was Tuesday, August 20th. This represents a $4.00 dividend on an annualized basis 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.