Kadant Reports 2016 First Quarter Results

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Go back to Kadant Reports 2016 First Quarter Results

Kadant (KAI) Tops Q1 EPS by 14c; Boosts FY16 Outlook

May 2, 2016 5:12 PM EDT

Kadant (NYSE: KAI) reported Q1 EPS of $0.72, $0.14 better than the analyst estimate of $0.58. Revenue for the quarter came in at $97 million versus the consensus estimate of $86.37 million.

GUIDANCE:

Kadant sees Q2 2016 EPS of $0.50-$0.53, versus the consensus of $0.81. Kadant sees Q2... More