Kadant reports Q4 adjusted EPS $2.25, consensus $2.05

Reports Q4 revenue $258.03M, consensus $257.44M. Bookings increased 10% to $240.6M. “The fourth quarter was a good finish to a record-setting year,” said Jeffrey Powell, president and chief executive officer of Kadant (KAI). “Excellent execution by our businesses led to solid margin performance and strong cash flows. Despite continued economic headwinds in many regions, industrial activity was relatively stable both year-over-year and sequentially.”