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Kadant Inc (KAI.N)

KAI.N on New York Stock Exchange

95.50USD
22 Sep 2017
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$0.35 (+0.37%)
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Latest Key Developments (Source: Significant Developments)

Kadant acquires a leading expansion joint manufacturer
Monday, 14 Aug 2017 04:46pm EDT 

Aug 14 (Reuters) - Kadant Inc -:Kadant acquires a leading expansion joint manufacturer.Kadant Inc - deal for ‍$31 million in cash​.Kadant Inc - ‍announced completion of its acquisition of certain assets of Unaflex Llc​.  Full Article

Kadant Q2 GAAP earnings per share $0.72
Tuesday, 1 Aug 2017 04:09pm EDT 

Aug 1 (Reuters) - Kadant Inc :Kadant reports 2017 second quarter results.Sees Q3 2017 GAAP earnings per share $0.83 to $0.87.Q2 adjusted earnings per share $1.04.Q2 GAAP earnings per share $0.72.Sees Q3 2017 revenue $139 million to $142 million.Q2 earnings per share view $0.91 -- Thomson Reuters I/B/E/S.Sees Q3 2017 adjusted earnings per share $1.12 to $1.16 excluding items.Sees FY 2017 adjusted earnings per share $3.99 to $4.07 excluding items.Sees FY 2017 GAAP earnings per share $3.18 to $3.26.Sees FY 2017 revenue $488 million to $494 million.Q2 revenue $110.2 million versus I/B/E/S view $111.8 million.Kadant Inc - qtrly ‍bookings increased 23% to $120 million​.Kadant Inc - ‍increasing guidance for second half of 2017 due to both improved outlook for existing business​.Q3 earnings per share view $0.90, revenue view $118.2 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.46, revenue view $445.4 million -- Thomson Reuters I/B/E/S.  Full Article

Kadant to acquire NII FPG Co's forest products business
Tuesday, 30 May 2017 04:25pm EDT 

May 30 (Reuters) - Kadant Inc ::Kadant to acquire NII FPG company’s forest products business.Kadant - deal for ‍$173 million in cash​.Kadant - ‍it has increased its revolving credit facility to $300 million from $200 million​.Kadant - intends to finance transaction through borrowings under revolving credit facility.Kadant - ‍forest products business of NII FPG company includes two primary manufacturing facilities​.  Full Article

Kadant Inc authorizes share repurchase
Wednesday, 17 May 2017 04:24pm EDT 

May 17 (Reuters) - Kadant Inc :Kadant authorizes share repurchase.Board of directors has authorized repurchase of up to an additional $20 million of its equity securities.Board authorized repurchase of additional equity securities effective May 17, 2017 through May 17, 2018.  Full Article

Kadant reports Q1 revenue $103 million
Tuesday, 2 May 2017 04:04pm EDT 

May 2 (Reuters) - Kadant Inc :Kadant reports 2017 first quarter results.Sees Q2 2017 GAAP earnings per share $0.87 to $0.91.Q1 adjusted earnings per share $0.80.Q1 GAAP earnings per share $0.80.Sees Q2 2017 revenue $107 million to $110 million.Q1 revenue $103 million versus I/B/E/S view $101 million.Sees FY 2017 GAAP earnings per share $3.27 to $3.37.Sees FY 2017 revenue $427 million to $437 million.Qtrly bookings increased 23% to $119 million.Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.  Full Article

Kadant Q4 earnings per share $0.69
Thursday, 23 Feb 2017 04:07pm EST 

Kadant Inc : Kadant reports fourth quarter and fiscal year 2016 results . Sees Q1 2017 gaap earnings per share $0.62 to $0.66 . Q4 earnings per share $0.69 . Sees Q1 2017 revenue $97 million to $100 million . Q4 revenue $100.2 million versus I/B/E/S view $103 million . Q4 earnings per share view $0.63 -- Thomson Reuters I/B/E/S . Kadant Inc qtrly bookings were $114 million versus. $76 million . Kadant Inc - 2017 guidance includes an unfavorable foreign currency translation effect of $7 million on revenue and $0.10 on diluted EPS compared to 2016 . Kadant Inc sees 2017 report gaap diluted eps of $3.13 to $3.23 on revenue of $423 million to $433 million . Fy2017 earnings per share view $3.48, revenue view $438.4 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.76, revenue view $106.5 million -- Thomson Reuters I/B/E/S . Kadant - "Our parts and consumables bookings were up 11 percent over Q4 of last year and 6 percent sequentially, driven by a strong performance in North America" ."See a fairly active market for capital projects in China in 2017".  Full Article

Kadant sees FY rev $415 million to $421 million
Wednesday, 3 Aug 2016 06:33pm EDT 

Kadant Inc : Kadant reports 2016 second quarter results . Q2 earnings per share $0.75 from continuing operations . Q2 earnings per share view $0.65 -- Thomson Reuters I/B/E/S . Sees q3 2016 gaap earnings per share $0.62 to $0.65 . Sees q3 2016 revenue $103 million to $105 million . Q2 gaap earnings per share $0.75 . Q2 adjusted non-gaap earnings per share $0.88 . Q2 revenue $112 million versus i/b/e/s view $104.4 million . Sees fy 2016 adjusted earnings per share $2.98 to $3.04 excluding items . Sees fy 2016 gaap earnings per share $2.75 to $2.81 . Sees fy 2016 revenue $415 million to $421 million . Fy2016 earnings per share view $3.03, revenue view $416.7 million -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.79, revenue view $103.9 million -- Thomson Reuters I/B/E/S.  Full Article

Kadant authorizes share repurchase
Wednesday, 18 May 2016 05:20pm EDT 

Kadant Inc : Kadant authorizes share repurchase . Board of directors has authorized repurchase of up to an additional $20 million of its equity securities .Kadant authorizes share repurchase.  Full Article

Kadant Inc declares cash dividend
Tuesday, 8 Mar 2016 05:16pm EST 

Kadant Inc:Board of Directors approved a 12 pct increase to its quarterly cash dividend to stockholders to $0.19 per share to be paid on May 12 to stockholders of record date as of April 14.  Full Article

Kadant Inc recieves $7 mln in Orders for Fiber Processing Systems
Friday, 29 Jan 2016 10:36am EST 

Kadant Inc:Says orders totaling $7 million from two paper producers in North America for chemical pulping equipment and a recycled fiber processing line.orders were booked in the fourth quarter of 2015 and are expected to ship in 2016.  Full Article

BRIEF-Kadant acquires a leading expansion joint manufacturer

* Kadant Inc - ‍announced completion of its acquisition of certain assets of Unaflex Llc​ Source text for Eikon: Further company coverage: