Investing.com - Kadant (NYSE: KAI) reported first quarter EPS of $2.38, $0.07 better than the analyst estimate of $2.31. Revenue for the quarter came in at $249M versus the consensus estimate of $232.3M.
Guidance
Kadant sees Q2 2024 EPS of $2.40-$2.50 versus the analyst consensus of $2.51.
Kadant sees Q2 2024 revenue of $258.00M-$266.00M versus the analyst consensus of $265.50M.
Kadant sees FY 2024 EPS of $9.75-$10.05 versus the analyst consensus of $9.96.
Kadant sees FY 2024 revenue of $1.04B-$1.06B versus the analyst consensus of $1.06B.
Kadant's stock price closed at $272.92. It is down -7.52% in the last 3 months and up 46.49% in the last 12 months.
Kadant saw 0 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Kadant's stock price’s past reactions to earnings here.
According to InvestingPro, Kadant's Financial Health score is "great performance".
Check out Kadant's recent earnings performance, and Kadant's financials here.
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