Benzinga | Jul 28, 2020 05:06PM EDT

Kadant Q2 EPS $1.06 Down From $1.42 YoY, Sales $153.00M Beat $150.01M Estimate

Kadant (NYSE:KAI) reported quarterly earnings of $1.06 per share. This is a 25.35 percent decrease over earnings of $1.42 per share from the same period last year. The company reported quarterly sales of $153.00 million which beat the analyst consensus estimate of $150.01 million by 1.99 percent. This is a 13.64 percent decrease over sales of $177.16 million the same period last year.