Kadant Inc expected to post earnings of $1.36 a share - Earnings Preview

Kadant

01/05/2021 03:00

* Kadant Inc  KAI.N   KAI  is expected to show a rise in
quarterly revenue when it reports results on May 4.
* The Westford, Massachusetts-based company is expected to
report  a 6.8% increase in revenue to $170.022 million from
$159.13 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Kadant Inc is for
earnings of $1.36 per share. For the same quarter last year, the
company reported earnings of $1.09 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Kadant Inc is
$140​, about 27.2% below​ its last closing price of $178.03. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  1.31        1.31       1.54      Beat    17.5
 Sep. 30 2020  0.98        0.97       1.31      Beat    34.6
 Jun. 30 2020  0.75        0.74       1.06      Beat    42.5​
 Mar. 31 2020  0.90        0.88       1.09      Beat    23.3
 Dec.          1.29​       1.28       1.32      Beat    2.8​
 31​ 2019​                                              
 Sep. 30 2019  1.27        1.27       1.41      Beat    11​
 Jun. 30 2019  1.11        1.12       1.42      Beat    27.4
 Mar. 31 2019  1.13        1.14       1.24      Beat    8.5
 This summary was machine generated May 1 at 02:00 GMT.  All
figures in US dollars unless otherwise stated