Kadant Inc reports results for the quarter ended in December - Earnings Summary

Kadant

16/02/2022 23:23

* Kadant Inc  KAI.N  reported quarterly adjusted earnings of
$2.31​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
$2.00 per share.
    * Revenue rose 29.7% to $218.52 million from a year ago; 
analysts
expected $215.05 million. 
    * Kadant Inc's reported EPS for the quarter was $2.07​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Kadant Inc shares had fallen by 7.6% this quarter.
    * The company reported quarterly net income of $24.16
million.
    * Wall Street's median 12-month price target for Kadant Inc
is
$230.00 
    * 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." 

This summary was machine generated February 16 at 11:23 p.m.
 ​All figures in US dollars unless otherwise stated