Brief: Kadant Posts Q2 EPS Of $1.42

Kadant

30/07/2019 22:23

July 30 (Reuters) - Kadant Inc  KAI.N :
    * KADANT REPORTS 2019 SECOND QUARTER RESULTS
    * SEES Q3 2019 GAAP EARNINGS PER SHARE $1.19 TO $1.25
    * Q2 ADJUSTED EARNINGS PER SHARE $1.42
    * Q2 GAAP EARNINGS PER SHARE $1.42
    * SEES Q3 2019 REVENUE $170 MILLION TO $174 MILLION
    * Q2 REVENUE $177.2 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$168.7 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $1.12 -- REFINITIV IBES
DATA
    * SEES FY 2019 ADJUSTED EARNINGS PER SHARE $5.26 TO $5.38
EXCLUDING ITEMS
    * SEES Q3 2019 ADJUSTED EARNINGS PER SHARE $1.20 TO $1.26
EXCLUDING ITEMS
    * Q3 EARNINGS PER SHARE VIEW $1.59, REVENUE VIEW $182.1
MILLION --
REFINITIV IBES DATA
    * FOR 2019, CO IS REAFFIRMING REVENUE GUIDANCE
    * EXPECT TO ACHIEVE GAAP DILUTED EPS OF $4.97 TO $5.09 IN
2019
    * FY2019 EARNINGS PER SHARE VIEW $5.38, REVENUE VIEW $705.1
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4xw9QR 
Further company coverage:  KAI.N 

 ((Reuters.Briefs@thomsonreuters.com;))