Brokers Set Expectations for Lassonde Industries Inc’s FY2019 Earnings (TSE:LAS)

Lassonde Industries Inc (TSE:LAS) – Research analysts at Desjardins reduced their FY2019 earnings per share (EPS) estimates for Lassonde Industries in a report issued on Monday, November 11th. Desjardins analyst F. Tremblay now anticipates that the company will post earnings of $9.14 per share for the year, down from their prior forecast of $9.81.

Lassonde Industries (TSE:LAS) last posted its earnings results on Friday, November 8th. The company reported C$2.21 earnings per share for the quarter, missing the consensus estimate of C$2.52 by C($0.31). The firm had revenue of C$422.88 million for the quarter, compared to analysts’ expectations of C$428.00 million.

Lassonde Industries has a 1-year low of C$209.50 and a 1-year high of C$269.18.

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.

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Earnings History and Estimates for Lassonde Industries (TSE:LAS)

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