Close

Kadant (KAI) Tops Q1 EPS by 14c; Boosts FY16 Outlook

May 2, 2016 5:12 PM EDT

Kadant (NYSE: KAI) reported Q1 EPS of $0.72, $0.14 better than the analyst estimate of $0.58. Revenue for the quarter came in at $97 million versus the consensus estimate of $86.37 million.

GUIDANCE:

Kadant sees Q2 2016 EPS of $0.50-$0.53, versus the consensus of $0.81. Kadant sees Q2 2016 revenue of $103-105 million, versus the consensus of $98.2 million.

Kadant sees FY2016 EPS of $2.75-$2.85, versus prior guidance of $2.80-$2.90 and the consensus of $2.95. Kadant sees FY2016 revenue of $412-422 million, versus prior guidance of $370-380 million and the consensus of $386.1 million.

For earnings history and earnings-related data on Kadant (KAI) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Guidance

Related Entities

Earnings