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Kadant Inc Issues Q4 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Revenue Guidance; Lowers High End Of Prior FY 2013 EPS Guidance To A Range Below Analysts' Estimates


Monday, 4 Nov 2013 04:45pm EST 

Kadant Inc announced that for the fourth quarter of 2013, it expects to achieve GAAP diluted EPS from continuing operations of $0.47 to $0.49 on revenues of $86 to $88 million. For fiscal 2013, it expects revenues of $336 to $338 million, revised from previous estimate of $340 to $345 million and GAAP diluted EPS from continuing operations of $2.02 to $2.04. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $95 million and EPS of $0.58 for the fourth quarter of 2013; revenues of $343 million and EPS of $2.07 for fiscal 2013. 

Company Quote

40.33
0.37 +0.93%
27 Aug 2014