Kadant (KAI) Misses Q2 EPS by 2c
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Kadant Reports 2015 Second Quarter Results
August 5, 2015 5:04 PM EDTWESTFORD, Mass.--(BUSINESS WIRE)-- Kadant Inc. (NYSE: KAI) reported its financial results for the second fiscal quarter ended July 4, 2015.
Second Quarter 2015 Financial Highlights
GAAP diluted earnings per share (EPS) from continuing operations increased 9% to $0.76 in the second quarter of 2015 compared to $0.70 in the second quarter of 2014. The second quarter of 2015 included a $0.09 unfavorable effect of foreign currency translation compared to the second quarter of 2014. Guidance was $0.69 to $0.71. Adjusted diluted EPS increased 5% to $0.78 in the second quarter of 2015 compared to $0.74 in the second quarter of 2014.... More