Benzinga | Nov 2, 2021 05:19PM EDT

Kadant Q3 EPS $1.97 Beats $1.67 Estimate, Sales $199.80M Beat $199.71M Estimate

Kadant (NYSE:KAI) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.67 by 17.96 percent. This is a 50.38 percent increase over earnings of $1.31 per share from the same period last year. The company reported quarterly sales of $199.80 million which beat the analyst consensus estimate of $199.71 million by 0.05 percent. This is a 29.23 percent increase over sales of $154.61 million the same period last year.