Kadant: Q4 Earnings Insights

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Kadant KAI reported its Q4 earnings results on Wednesday, February 16, 2022 at 05:00 PM.

Here's what investors need to know about the announcement.

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Earnings

Kadant beat estimated earnings by 14.36%, reporting an EPS of $2.31 versus an estimate of $2.02.

Revenue was up $50.09 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.3, which was followed by a 2.88% increase in the share price the next day.

Here's a look at Kadant's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 1.67 1.51 1.36 1.31
EPS Actual 1.97 2.01 1.43 1.54
Revenue Estimate 199.71M 178.13M 170.02M 163.76M
Revenue Actual 199.79M 195.81M 172.46M 168.43M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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KAIKadant Inc
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