Kadant reports Q2 adjusted EPS $2.31, consensus $1.94

Reports Q2 revenue $255.3M, consensus $245.99M. Bookings increased 7% to $269 million. “We had strong cash flow and a solid improvement in our capital equipment bookings in the second quarter,” said Jeffrey Powell, president and chief executive officer of Kadant (KAI) Inc. “Our strong bookings, particularly notable in the current environment of evolving trade policies, demonstrate our customers’ preference for Kadant equipment and technologies to help drive sustainable value in their operations.”