Benzinga | Oct 27, 2020 05:06PM EDT

Kadant Q3 EPS $1.31 Beats $0.97 Estimate, Sales $154.61M Beat $144.48M Estimate

Kadant (NYSE:KAI) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $0.97 by 35.05 percent. This is a 7.09 percent decrease over earnings of $1.41 per share from the same period last year. The company reported quarterly sales of $154.61 million which beat the analyst consensus estimate of $144.48 million by 7.01 percent. This is a 10.89 percent decrease over sales of $173.50 million the same period last year.