Kadant Reports 2018 Third Quarter Results
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Kadant (KAI) Tops Q3 EPS by 15c, Revenues Beat; Lowers FY18 EPS/Revenue Outlook Below Consensus
October 29, 2018 4:34 PM EDTKadant (NYSE: KAI) reported Q3 EPS of $1.53, $0.15 better than the analyst estimate of $1.38. Revenue for the quarter came in at $166 million versus the consensus estimate of $164.84 million.
Revenue increased 8% to a record $166 millionGAAP diluted EPS increased 40% to a record $1.64Adjusted diluted EPS increased 3%... More