FY2017 Earnings Forecast for Lassonde Industries Inc Issued By Desjardins (LAS)

Lassonde Industries Inc (TSE:LAS) – Desjardins lifted their FY2017 earnings estimates for shares of Lassonde Industries in a research note issued on Monday. Desjardins analyst F. Tremblay now anticipates that the company will post earnings of $10.83 per share for the year, up from their prior forecast of $10.67. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Lassonde Industries’ Q4 2017 earnings at $3.28 EPS, FY2018 earnings at $11.54 EPS and FY2019 earnings at $12.67 EPS.

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Separately, National Bank Financial cut shares of Lassonde Industries from an “outperfrom under weight” rating to a “sector perform under weight” rating in a research report on Monday, August 14th.

Shares of Lassonde Industries (LAS) opened at C$242.99 on Tuesday. Lassonde Industries has a 12-month low of C$197.75 and a 12-month high of C$251.22.

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.

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

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