Kadant (KAI) Tops Q3 EPS Views; Guides
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Kadant Inc. (NYSE: KAI) reports Q3 adjusted EPS of $0.05, versus the analyst estimate of ($0.17). Revenue for the quarter was $52.70 million, which compares to the estimate of $ million.
Sees Q4 adjusted EPS $0.02 - $0.04, versus $0.02 consensus
Raises FY09 sales $224 - $226 million, versus $216.40 million.
Sees FY09 loss $0.30 - $0.32, versus ($0.11) consensus.
Sees Q409 sales $55 - $57, versus $53.3 million consensus.
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