Benzinga | Aug 3, 2021 04:18PM EDT

Kadant Q2 Adj. EPS $2.01 Beats $1.51 Estimate, Sales $196.00M Beat $178.13M Estimate

Kadant (NYSE:KAI) reported quarterly earnings of $2.01 per share which beat the analyst consensus estimate of $1.51 by 33.11 percent. This is a 89.62 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $196.00 million which beat the analyst consensus estimate of $178.13 million by 10.03 percent. This is a 28.22 percent increase over sales of $152.86 million the same period last year.