Kadant (KAI) Tops Q2 EPS by 13c, Crushes Guidance Expectations

Kadant (NYSE: KAI) reported Q2 EPS of $1.04, $0.13 better than the analyst estimate of $0.91. Revenue for the quarter came in at $110.2 million versus the consensus estimate of $111.78 million.

GUIDANCE:

Kadant sees Q3 2017 EPS of $1.12-$1.16, versus the consensus of $0.90. Kadant sees Q3 2017 revenue of $139-142 million, versus the consensus of $118.2 million.

Kadant sees FY 2017 EPS of $3.99-$4.07, versus the consensus of $3.46. Kadant sees FY 2017 revenue of $488-494 million, versus the consensus of $445.4 million.

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

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