Kadant (NYSE: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 |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
