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

Kadant

05/05/2021 24:55

* Kadant Inc  KAI.N  reported quarterly adjusted earnings of
$1.43​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$1.36 per share.
* Revenue rose 8.4% to $172.46 million from a year ago​; 
analysts expected $170.02 million.
* Kadant Inc's reported EPS for the quarter was $1.43​.
* The mean earnings estimate of analysts had risen by
about 10.8% 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 fallen by 3.2% this quarter and
gained 27.0% so far this year.
* The company reported quarterly net income of $16.56 million.
* Wall Street's median 12-month price target for Kadant Inc is
$140.00 
* 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 May 4 at 11:54 p.m. GMT. ​All
figures in US Dollars.​