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

Kadant

03/08/2021 23:27

* Kadant Inc  KAI.N  reported quarterly adjusted earnings of
$2.01​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.51 per share.
* Revenue rose 28.1% to $195.81 million from a year ago; 
analysts expected $178.13 million. 
* Kadant Inc's reported EPS for the quarter was $1.96​.
* The mean earnings estimate of analysts had risen by about 7.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Kadant Inc shares had risen by 0.7% this quarter and
gained 25.8% so far this year.
* The company reported quarterly net income of $22.86 million.
* Wall Street's median 12-month price target for Kadant Inc is
$175.00 
* 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 August 3 at 10:27 p.m.  ​All
figures in US dollars unless otherwise stated