Kadant (KAI) Tops Q1 EPS by 22c, Beats on Revenue; Offers FY23 Guidance

Kadant (NYSE: KAI) reported Q1 EPS of $2.40, $0.22 better than the analyst estimate of $2.18. Revenue for the quarter came in at $230 million versus the consensus estimate of $220.87 million.

GUIDANCE:

Kadant sees FY2023 EPS of $8.90-$9.15, versus the consensus of $9.21. Kadant sees FY2023 revenue of $910-935 million, versus the consensus of $918 million.

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

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