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Kadant (KAI) Reports Q3 Earnings: What Key Metrics Have to Say
KAIKadant(KAI) ZACKS·2024-10-29 23:31

Kadant (KAI) reported 271.61millioninrevenueforthequarterendedSeptember2024,representingayearoveryearincreaseof11.2271.61 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11.2%. EPS of 2.84 for the same period compares to 2.69ayearago.Thereportedrevenuerepresentsasurpriseof+2.132.69 a year ago.The reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of 265.95 million. With the consensus EPS estimate being $2.43, the EPS surprise was +16.87%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...