Lassonde Industries (LAS) Scheduled to Post Quarterly Earnings on Friday

Lassonde Industries (TSE:LAS) is set to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of C$4.13 per share for the quarter.

Lassonde Industries (TSE:LAS) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$5.73 earnings per share for the quarter, beating the consensus estimate of C$3.77 by C$1.96. The firm had revenue of C$624.70 million during the quarter, compared to the consensus estimate 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. Investors of record on Tuesday, August 20th were given a $1.00 dividend. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 annualized dividend and a yield of ∞.

Analyst Upgrades and Downgrades

Separately, Stifel Canada raised shares of Lassonde Industries to a “strong-buy” rating in a research note on Tuesday, October 22nd.

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.