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Kadant Q2 2024 Earnings Report

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$358.26 +4.01 (+1.13%)
(As of 09:30 AM ET)

Kadant EPS Results

Actual EPS
$2.81
Consensus EPS
$2.43
Beat/Miss
Beat by +$0.38
One Year Ago EPS
$2.54

Kadant Revenue Results

Actual Revenue
$275.00 million
Expected Revenue
$263.50 million
Beat/Miss
Beat by +$11.50 million
YoY Revenue Growth
+12.20%

Kadant Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Kadant Earnings Headlines

Kadant Reveals Ambitious Five-Year Financial Goals
Is the Trump/Musk duo good for shares of TSLA?
If you held shares of Tesla throughout 2024, you know It’s been a year of extreme highs and lows… But according to our one expert, new yearly highs are on the horizon… In his words, Tesla is building momentum like in 2020, especially as Trump supports the EV maker. Which is why we’re emailing you now… You see, most people will simply buy shares of Tesla ahead of the election… But as they say “There is more than one way to skin a cat” In fact, we’ve found another way to play shares of Tesla.
Kadant Hosts 2024 Investor Day
Kadant management to meet with DA Davidson
See More Kadant Headlines
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About Kadant

Kadant (NYSE:KAI) supplies technologies and engineered systems worldwide. It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors. The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

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