Kadant First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Kadant Inc (KAI)
Last kadant inc earnings: 4/29 04:34 pm
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US:NYSE Investor Relations:
investor.kadant.com/investor-overview
Company Research
Source: Yahoo! Finance
Net income: US$24.7m (down 12% from 1Q 2023). Profit margin: 9.9% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$2.11 (down from US$2.40 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Kadant Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Machinery industry in the US. Performance of the American Machinery industry. The company's shares are down 4.5% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Kadant , and understanding it should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us d
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KAI
News
- Kadant (KAI) Authorizes $50M Worth of Share Buyback Program [Yahoo! Finance]Yahoo! Finance
- Kadant Authorizes Share RepurchaseGlobeNewswire
- Kadant Declares Cash DividendGlobeNewswire
- Kadant Inc. (NYSE:KAI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Kadant Inc. (NYSE: KAI) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
KAI
Earnings
- 4/30/24 - Beat
KAI
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- KAI's page on the SEC website