Brief: Kadant Reports Q1 2021 Results And Record Bookings

Kadant

04/05/2021 21:58

May 4 (Reuters) - Kadant Inc  KAI.N :
    * KADANT REPORTS FIRST QUARTER 2021 RESULTS AND RECORD
BOOKINGS
    * Q1 ADJUSTED EARNINGS PER SHARE $1.43
    * Q1 REVENUE ROSE 8 PERCENT TO $172.5 MILLION
    * QTRLY GAAP DILUTED EPS AND ADJUSTED DILUTED EPS BOTH
INCREASED
31% TO $1.43
    * INCREASING REVENUE EXPECTATION TO $710 MILLION TO $730
MILLION
FOR 2021
    * Q1 EARNINGS PER SHARE VIEW $1.36, REVENUE VIEW $170.0
MILLION --
REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $704.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXc9Zck4 
Further company coverage:  KAI.N 

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