Kadant (KAI) Tops Q1 EPS by 7c ; Offers Guidance

Kadant (NYSE: KAI) reported Q1 EPS of $2.38, $0.07 better than the analyst estimate of $2.31. Revenue for the quarter came in at $249 million versus the consensus estimate of $232.3 million.

GUIDANCE:

Kadant sees FY2024 EPS of $9.75-$10.05, versus the consensus of $9.96. Kadant sees FY2024 revenue of $1.04-1.06 billion, versus the consensus of $1.06 billion.

Kadant sees Q2 2024 EPS of $2.40-$2.50, versus the consensus of $2.51. Kadant sees Q2 2024 revenue of $258-266 million, versus the consensus of $265.5 million.

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

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