Kadant Q2 Adjusted Earnings, Revenue Rise; Q3 Guidance Set
MT Newswires Live
Aug 05
Kadant (KAI) reported Q2 adjusted earnings late Tuesday of $3.42 per diluted share, up from $2.71 a year earlier.
Four analysts polled by FactSet expected $2.94.
Revenue for the quarter ended July 4 rose to $312.9 million from $255.3 million a year earlier.
Four analysts surveyed by FactSet expected $299.2 million.
The company set Q3 adjusted EPS guidance of $2.90 to $3.00 on revenue of $297 million to $307 million. Four analysts expect EPS of $3.52 on revenue of $312.2 million.
The company now expects full-year 2026 adjusted EPS of $12.43 to $12.68 on revenue of $1.19 billion to $1.21 billion. Four analysts expect EPS of $12.42 on revenue of $1.20 billion.
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