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

Lassonde Industries Inc (TSE:LAS) – National Bank Financial lowered their Q2 2024 earnings per share (EPS) estimates for Lassonde Industries in a research report issued on Tuesday, July 9th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $3.99 for the quarter, down from their prior forecast of $4.18. National Bank Financial also issued estimates for Lassonde Industries’ Q3 2024 earnings at $4.63 EPS, Q4 2024 earnings at $4.71 EPS, FY2024 earnings at $17.02 EPS, Q1 2025 earnings at $4.07 EPS, Q2 2025 earnings at $4.71 EPS, Q3 2025 earnings at $5.06 EPS, Q4 2025 earnings at $5.23 EPS and FY2025 earnings at $19.07 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:LAS) last released its quarterly earnings data on Thursday, May 9th. The company reported C$3.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$2.95 by C$0.73. The business had revenue of C$569.80 million during the quarter, compared to analyst estimates of C$575.00 million.

Lassonde Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Wednesday, May 22nd were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $4.00 dividend on an annualized basis and a dividend 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.