Earnings Preview: Kadant
Portfolio Pulse from Benzinga Insights
Kadant (NYSE:KAI) is set to announce its quarterly earnings on October 29, 2024, with analysts estimating an EPS of $2.43. Despite a strong earnings track record, market reactions are often driven by guidance. Kadant's shares have risen 46.56% over the past year, and analysts have a Neutral consensus with a price target of $330.0, indicating a potential 4.28% upside.
October 28, 2024 | 6:01 pm
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Kadant is expected to announce its quarterly earnings with an estimated EPS of $2.43. Despite a strong earnings track record, market reactions are often driven by guidance. The stock has risen 46.56% over the past year, and analysts have a Neutral consensus with a price target of $330.0, indicating a potential 4.28% upside.
Kadant's upcoming earnings announcement is significant for investors, with an EPS estimate of $2.43. The company's past performance shows strong earnings, but market reactions depend on future guidance. The stock's 46.56% increase over the past year and a Neutral analyst consensus with a slight upside potential suggest a positive short-term impact.
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