Kadant Reports 2016 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/31/2026
- Wall St struggles for direction as rate uncertainty offsets Amazon jump
- Amazon shares rally as cloud growth surges and spending outlook climbs
- Apple shares sink on disappointing September quarter sales outlook
- Novo Nordisk stock tumbles 10% as key trial misses goal
- AI wizkid Leopold Aschenbrenner forced to sell entire portfolio after rout
- KBR names its Mission Technology Solutions spinoff Trinzic
- AI wizkid Leopold Aschenbrenner forced to sell entire portfolio after rout
- Wall Street ends sharply higher, lifted by soaring Microsoft
- AbbVie (ABBV) Misses Q2 EPS by 6c, Beats on Revenue; Offers FY26 EPS Guidance
- Rivian Automotive (RIVN) Tops Q2 EPS by 20c, Tops on Revenue; Delivers 12,194 EVs
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
- After-Hours Stock Movers: META, MSFT, CMG, SBUX, CVNA, LRCX, FTNT, QCOM, TDOC
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
- After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
- After-Hours Stock Movers: INTC, AMD, ARM, MXL, EW, DECK
Seaport Global Securities Downgrades Kadant Inc. (KAI) to Neutral
August 5, 2016 9:52 AM EDTSeaport Global Securities downgraded Kadant Inc. (NYSE: KAI) from Accumulate to Neutral with a price target of $58.00.
Analyst Walt Liptak commented, "KAI's 2016 outlook was lowered by management due to weakness in the North American aftermarket parts sales business. KAI's parts... More
Kadant (KAI) Tops Q2 EPS by 23c
August 4, 2016 9:29 AM EDTKadant (NYSE: KAI) reported Q2 EPS of $0.88, $0.23 better than the analyst estimate of $0.65. Revenue for the quarter came in at $112 million versus the consensus estimate of $104.44 million.
GUIDANCE:
Kadant sees FY2016 EPS of $2.98-$3.04. Kadant sees FY2016 revenue of $415-421... More
