Kadant (KAI) Tops Q3 EPS by 30c; Lowers FY Revenue Outlook

Kadant (NYSE: KAI) reported Q3 EPS of $1.97, $0.30 better than the analyst estimate of $1.67. Revenue for the quarter came in at $200 million versus the consensus estimate of $199.71 million.

GUIDANCE:

Kadant sees Q4 2021 revenue of $778-783 million, versus prior of $783-$793 million and the consensus of $796.15 million.

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

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