Brief: Kadant Reports Third Quarter 2020 Results

Kadant

27/10/2020 22:06

Oct 27 (Reuters) - Kadant Inc  KAI.N :
    * KADANT REPORTS THIRD QUARTER 2020 RESULTS
    * Q3 ADJUSTED EARNINGS PER SHARE $1.31
    * Q3 GAAP EARNINGS PER SHARE $1.28
    * Q3 REVENUE $155 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$144.5
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.97 -- REFINITIV IBES
DATA
    * QTRLY BOOKINGS DECREASED 16 PERCENT TO $143.3 MILLION
COMPARED
TO $170.9 MILLION IN 2019
    * EXPECT A SOLID SEQUENTIAL IMPROVEMENT IN OUR CAPITAL
BOOKINGS IN
Q4
    * WILL NOT BE PROVIDING GUIDANCE AT THIS TIME

Source text for Eikon:  ID:nGNX6xGPYY 
Further company coverage:  KAI.N 

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