Kadant (KAI) Tops Q2 EPS by 40c, Beats on Revenue; Offers FY23 Guidance

August 1, 2023 4:23 PM EDT

Kadant (NYSE: KAI) reported Q2 EPS of $2.54, $0.40 better than the analyst estimate of $2.14. Revenue for the quarter came in at $245 million versus the consensus estimate of $231.25 million.

GUIDANCE:

Kadant sees FY2023 EPS of $9.15-$9.35, versus the consensus of $9.12. Kadant sees FY2023 revenue of $925-940 million, versus the consensus of $931 million.

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



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