Kadant Reports 2017 First Quarter Results
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Kadant (KAI) Tops Q1 EPS by 10c
May 2, 2017 4:56 PM EDTKadant (NYSE: KAI) reported Q1 EPS of $0.80, $0.10 better than the analyst estimate of $0.70. Revenue for the quarter came in at $103 million versus the consensus estimate of $101 million.
GAAP diluted EPS increased 29% to $0.80 and adjusted diluted EPS increased 11%Net income increased 30% to $9 millionAdjusted... More