Kadant (KAI) Tops Q3 EPS by 4c; Trims FY15 Outlook

Kadant (NYSE: KAI) reported Q3 EPS of $0.78, $0.04 better than the analyst estimate of $0.74. Revenue for the quarter came in at $92 million versus the consensus estimate of $98.23 million.

Kadant sees FY2015 EPS of $2.95-$2.98, versus prior guidance of $3.05-$3.11 and the consensus of $3.05. Kadant sees FY2015 revenue of $388-390 million, versus prior guidance of $395-400 million and the consensus of $394.7 million.

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

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