Kadant Reports First Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/4/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
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
