Kadant Reports Fourth Quarter and Fiscal Year 2017 Results

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Kadant (KAI) Tops Q4 EPS by 6c

February 15, 2018 5:30 PM EST

Kadant (NYSE: KAI) reported Q4 EPS of $1.14, $0.06 better than the analyst estimate of $1.08. Revenue for the quarter came in at $149 million versus the consensus estimate of $145.05 million.

Summary and Outlook

The favorable economic conditions in most parts of the world and our solid bookings trend puts us in a strong position for 2018, Mr. Painter continued. Our integration activities with our... More