Kadant Reports Fourth Quarter and Fiscal Year 2016 Results

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Kadant (KAI) Tops Q4 EPS by 6c

February 23, 2017 4:31 PM EST

Kadant (NYSE: KAI) reported Q4 EPS of $0.69, $0.06 better than the analyst estimate of $0.63. Revenue for the quarter came in at $100 million versus the consensus estimate of $102.96 million.

GUIDANCE:

Kadant sees FY2017 EPS of $3.13-$3.23, versus the consensus of $3.48. Kadant sees... More