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It's been a good week for Lassonde Industries Inc. (TSE:LAS.A) shareholders, because the company has just released its latest yearly results, and the shares gained 8.0% to CA$213. Results were roughly in line with estimates, with revenues of CA$2.6b and statutory earnings per share of CA$16.73. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the consensus forecast from Lassonde Industries' four analysts is for revenues of CA$2.88b in 2025. This reflects a meaningful 11% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to expand 14% to CA$19.10. Yet prior to the latest earnings, the analysts had been anticipated revenues of CA$2.83b and earnings per share (EPS) of CA$19.66 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.
Check out our latest analysis for Lassonde Industries
Despite cutting their earnings forecasts,the analysts have lifted their price target 11% to CA$240, suggesting that these impacts are not expected to weigh on the stock's value in the long term. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Lassonde Industries at CA$255 per share, while the most bearish prices it at CA$213. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Lassonde Industries is an easy business to forecast or the the analysts are all using similar assumptions.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Lassonde Industries' rate of growth is expected to accelerate meaningfully, with the forecast 11% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 7.3% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 4.5% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Lassonde Industries is expected to grow much faster than its industry.