Kadant Reports First Quarter 2020 Results

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Kadant (KAI) Tops Q1 EPS by 26c

April 29, 2020 4:47 PM EDT

Kadant (NYSE: KAI) reported Q1 EPS of $1.09, $0.26 better than the analyst estimate of $0.83. Revenue for the quarter came in at $159.1 million versus the consensus estimate of $156.33 million.

Summary and Outlook

While we are pleased with our first quarter bookings given the... More