Kadant (KAI) Tops Q1 EPS by 14c; Boosts FY16 Outlook
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May 2, 2016 5:08 PM EDT
WESTFORD, 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...
More
April 28, 2016 3:29 PM EDT
WESTFORD, 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
