Kadant Reports First Quarter 2023 Results

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Go back to Kadant Reports First Quarter 2023 Results

Kadant (KAI) Tops Q1 EPS by 22c, Beats on Revenue; Offers FY23 Guidance

May 2, 2023 4:34 PM EDT

Kadant (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