Kadant (KAI) Tops Q1 EPS by 14c; Boosts FY16 Outlook
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Kadant Reports 2016 First Quarter Results
May 2, 2016 5:08 PM EDTWESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 2, 2016.
First Quarter 2016 Financial Highlights
GAAP diluted earnings per share (EPS) was $0.62 in the first quarters of 2016 and 2015. The first quarter of 2016 included a $0.06 unfavorable effect of foreign currency translation compared to the first quarter of 2015. Guidance was $0.55 to $0.58. Adjusted diluted EPS increased 14% to $0.72 in the first quarter of 2016 compared to $0.63 in the first quarter of 2015. Adjusted diluted EPS excludes $0.12 of... MoreKadant to Hold Earnings Conference Call on Tuesday, May 3, 2016
April 28, 2016 3:29 PM EDTWESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) announced that it will release its 2016 first quarter results after the market closes on Monday, May 2, 2016 and will hold a webcast the next day, Tuesday, May 3, 2016 at 11 a.m. eastern time. During the call the Company will discuss its first quarter financial performance and future... More
