Kadant (NYSE:KAI) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:18 PM.
Here's what investors need to know about the announcement.
Earnings
Kadant beat estimated earnings by 12.09%, reporting an EPS of $2.41 versus an estimate of $2.15.
Revenue was up $6.58 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.42 which was followed by a 6.98% increase in the share price the next day.
Here's a look at Kadant's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | 2.27 | 2.12 | 2.19 | 2.03 |
EPS Actual | 2.69 | 2.54 | 2.40 | 2.33 |
Revenue Estimate | 234.01M | 231.15M | 221.79M | 219.36M |
Revenue Actual | 244.18M | 245.05M | 229.76M | 232.10M |
To track all earnings releases for Kadant visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.