Kadant's (NYSE: KAI) third quarter financial results release is scheduled for Tuesday 29th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Wall Street financial experts are forecasting that the business will announce an expected $2.43 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $266.45 million for this specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $1.05 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $9.93 during the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $2.69. Moreover, the company achieved a remarkable total revenue of $244.18 million during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.81 | +10.6% | 274.77 M | +12.1% |
| Q1 2024 | $2.38 | -0.8% | 248.98 M | +8.4% |
| Q4 2023 | $2.41 | +3.4% | 238.68 M | +2.8% |
| Q3 2023 | $2.69 | +13.0% | 244.18 M | +8.8% |
| Q2 2023 | $2.54 | +13.4% | 245.05 M | +10.6% |
| *Growth on year-over-year basis | ||||
KAI will host a conference call with investment community on 30th October 2024 at 11:00 AM eastern time to discuss the financial results.
The previous trading day saw Kadant (KAI) shares trading between $315.74 and $323.06, besides a volume of 33.20 thousand shares. The stock closed Friday's regular trading session at $316.45, indicating 0.48 percent fall.
