Benzinga | Feb 17, 2021 04:56PM EST

Kadant Q4 EPS $1.40 Beats $1.31 Estimate, Sales $168.43M Beat $163.76M Estimate

Kadant (NYSE:KAI) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.31 by 6.87 percent. This is a 6.06 percent increase over earnings of $1.32 per share from the same period last year. The company reported quarterly sales of $168.43 million which beat the analyst consensus estimate of $163.76 million by 2.85 percent. This is a 7.79 percent decrease over sales of $182.66 million the same period last year.