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Kadant Inc Issues Q1, FY 2013 Revenue Guidance Below Analysts' Estimates


Tuesday, 26 Feb 2013 04:31pm EST 

Kadant Inc announced that for fiscal 2013, it expects to achieve GAAP diluted EPS from continuing operations of $1.80 to $1.90 on revenues of $320 to $330 million. For the first quarter of 2013, it expect to achieve GAAP diluted EPS from continuing operations of $0.32 to $0.34 on revenues of $71 to $73 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $76 million for the first quarter of 2013; revenue of $331 million for fiscal 2013. 

Company Quote

40.06
-0.06 -0.15%
4:02pm EDT