Kadant Inc expected to post earnings of $2.02 a share - Earnings Preview

Kadant

15/02/2022 02:14

* Kadant Inc  KAI.N   KAI  is expected to show a rise in
quarterly
revenue when it reports  results on February 16. 
    * The Westford Massachusetts-based  company is expected to
report 
a 27.4% increase in revenue to $214.603 million from $168.43
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 $2.02 per share. For the same quarter last year, the
company reported earnings of $1.54 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
$230​, about 8.4% above​ its last closing price of $210.71. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.65        1.67       1.97      Beat    17.8
 Jun. 30 2021  1.53        1.51       2.01      Beat    33.4
 Mar. 31 2021  1.36        1.36       1.43      Beat    4.8​
 Dec. 31 2020  1.31        1.31       1.54      Beat    17.5
 ​​Sep.        0.98        0.97       1.31      Beat    34.6
 30 2020                                                
 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. 31 2019  1.29        1.28       1.32      Beat    2.8
 This summary was machine generated February 15 at 02:14 GMT. 
All figures in US dollars  unless otherwise stated