Kadant Inc is a global provider of equipment and systems used in the papermaking process, focusing on enhancing the efficiency and performance of industrial operations
The company specializes in technologies that improve the quality of paper products while reducing environmental impact, offering solutions such as fragmentation systems, water management equipment, and roll cleaning products. Kadant's innovations extend to various industries, including paper, wood processing, and renewable energy, as it aims to deliver sustainable practices through advanced engineering and optimized manufacturing processes.
Food processing and aviation equipment manufacturer John Bean (NYSEJBT)
is expected to be reporting earnings tomorrow after market hours. Here’s what to look for.
Industrial equipment manufacturer Kadant (NYSEKAI) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 8.1% year on year to $258 million. On the other hand, next quarter’s revenue guidance of $238.5 million was less impressive, coming in 7.5% below analysts’ estimates. Its non-GAAP profit of $2.25 per share was 9.8% above analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Honeywell (NASDAQHON).
Since January 2020, the S&P 500 has delivered a total return of 84.6%. But one standout stock has more than doubled the market - over the past five years, Kadant has surged 226% to $351.01 per share. Its momentum hasn’t stopped as it’s also gained 17.1% in the last six months thanks to its solid quarterly results, beating the S&P by 9.8%.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including Crane (NYSECR) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q3, starting with Albany (NYSEAIN).
Let’s dig into the relative performance of Luxfer (NYSELXFR) and its peers as we unravel the now-completed Q3 general industrial machinery earnings season.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Kadant (NYSEKAI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at general industrial machinery stocks, starting with Otis (NYSEOTIS).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at general industrial machinery stocks, starting with Dover (NYSEDOV).
Industrial processing equipment and solutions provider Hillenbrand (NYSEHI)
will be reporting earnings tomorrow after market hours. Here’s what to look for.
Industrial equipment manufacturer Kadant (NYSEKAI) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 11.2% year on year to $271.6 million. On the other hand, next quarter’s revenue guidance of $256 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $2.84 per share was also 16.9% above analysts’ consensus estimates.
