Kadant (KAI) Tops Q2 EPS by 23c

Kadant (NYSE: KAI) reported Q2 EPS of $0.88, $0.23 better than the analyst estimate of $0.65. Revenue for the quarter came in at $112 million versus the consensus estimate of $104.44 million.

GUIDANCE:

Kadant sees FY2016 EPS of $2.98-$3.04. Kadant sees FY2016 revenue of $415-421 million, versus prior guidance of $412-422 million.

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

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