Recap: Kadant Q4 Earnings - Kadant (NYSE:KAI)

Kadant KAI reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:18 PM.

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

Kadant beat estimated earnings by 12.09%, reporting an EPS of $2.41 versus an estimate of $2.15.

Revenue was up $6.58 million from the same period last year.

Last quarter the company beat on EPS by $0.42 which was followed by a 6.98% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	2.27	2.12	2.19	2.03
EPS Actual	2.69	2.54	2.40	2.33
Revenue Estimate	234.01M	231.15M	221.79M	219.36M
Revenue Actual	244.18M	245.05M	229.76M	232.10M

To track all earnings releases for Kadant visit their earnings calendar here.

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