Desjardins Weighs in on Lassonde Industries Inc’s Q2 2024 Earnings (TSE:LAS)

Lassonde Industries Inc (TSE:LASFree Report) – Investment analysts at Desjardins reduced their Q2 2024 EPS estimates for shares of Lassonde Industries in a research report issued to clients and investors on Sunday, May 12th. Desjardins analyst F. Tremblay now anticipates that the company will post earnings of $3.54 per share for the quarter, down from their prior forecast of $3.61. Desjardins also issued estimates for Lassonde Industries’ Q3 2024 earnings at $4.04 EPS and Q4 2024 earnings at $4.20 EPS.

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 (TSE:LASGet Free Report) last announced its earnings results on Thursday, March 21st. The company reported C$3.14 earnings per share for the quarter, missing the consensus estimate of C$3.35 by C($0.21). The business had revenue of C$604.80 million for the quarter, compared to the consensus estimate of C$603.05 million.

Lassonde Industries Dividend Announcement

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

About Lassonde Industries

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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 and Estimates for Lassonde Industries (TSE:LAS)

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