Kadant: Q3 Earnings Snapshot

Kadant Inc. surpasses Wall Street expectations with a third-quarter profit of $2.59 per share, beating the average analyst estimate of $2.18. Revenue also exceeded forecasts, reaching $271.6 million. The company projects steady earnings and revenue growth for the upcoming quarter and the full year, indicating a strong performance in the papermaking and recycling industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.