Kadant Reports First Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
Kadant (KAI) Tops Q1 EPS by 22c, Beats on Revenue; Offers FY23 Guidance
May 2, 2023 4:34 PM EDTKadant (NYSE: KAI) reported Q1 EPS of $2.40, $0.22 better than the analyst estimate of $2.18. Revenue for the quarter came in at $230 million versus the consensus estimate of $220.87 million.
GUIDANCE:
Kadant sees FY2023 EPS of $8.90-$9.15, versus the consensus of $9.21. Kadant sees... More

