Brokers Set Expectations for Lassonde Industries Inc’s Q4 2024 Earnings (TSE:LAS)

Lassonde Industries Inc (TSE:LAS) – Equities researchers at National Bank Financial cut their Q4 2024 earnings estimates for shares of Lassonde Industries in a research report issued on Thursday, October 10th. National Bank Financial analyst V. Shreedhar now expects that the company will earn $4.37 per share for the quarter, down from their prior estimate 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 issued its earnings results on Thursday, August 8th. The company reported C$5.73 earnings per share 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 analysts’ expectations of C$599.15 million.

Lassonde Industries Price Performance

Lassonde Industries has a 52-week low of C$209.50 and a 52-week high of C$269.18.

Lassonde Industries Dividend Announcement

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