Kadant Inc. Q3 Net Income and Revenue Beat Wall Street Estimates
KAI Kadant Inc
$299.83 -1.13%
View chart & analysis → - 1Kadant Inc. reported Q3 net income of $35.1 million.
- 2Kadant Inc.'s Q3 earnings per share of $2.96 exceeded the average estimate of $3 among four analysts surveyed by Zacks Investment Research.
- 3Kadant Inc.'s Q3 revenue reached $313.2 million, surpassing market expectations.
So what's the key point?
Kadant Inc.'s earnings and revenue for the third quarter were higher than what experts predicted. This means the company's performance was better than market expectations.
Source Associated Press · View original ↗
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