Kadant Reports Second Quarter 2020 Results

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Kadant (KAI) Tops Q2 EPS by 32c

July 28, 2020 5:08 PM EDT

Kadant (NYSE: KAI) reported Q2 EPS of $1.06, $0.32 better than the analyst estimate of $0.74. Revenue for the quarter came in at $152.9 million versus the consensus estimate of $150.01 million.

Summary and Outlook

Our decentralized structure and global footprint combined with our strong aftermarket... More