Kadant Inc. (KAI) announced earnings for fourth quarter that beat the Street estimates.
The company's bottom line came in at $24.03 million, or $2.04 per share. This compares with $24.03 million, or $2.04 per share, last year.
Excluding items, Kadant Inc. reported adjusted earnings of $26.79 million or $2.27 per share for the period.
Analysts on average had expected the company to earn $2.19 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.9% to $286.20 million from $258.03 million last year.
Kadant Inc. earnings at a glance (GAAP) :
-Earnings: $24.03 Mln. vs. $24.03 Mln. last year.-EPS: $2.04 vs. $2.04 last year.-Revenue: $286.20 Mln vs. $258.03 Mln last year.
FY26 Revenue Guidance: $1.160 Bln - $1.185 Bln.FY26 EPS Guidance: $10.40 to $10.75.Q1 26 Revenue Guidance: $270 Mln - $280 Mln.Q1 26 EPS Guidance: $1.78 - $1.88.
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