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Kadant Inc (KAI)
NYSE:KAI
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.97Last Year’s EPS
2.38Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 8.65%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
Kadant Inc. had a record-setting year in 2024, achieving significant growth in revenue and adjusted earnings, bolstered by strong performance in the Flow Control and Industrial Processing segments. Despite challenges such as a decline in the Material Handling segment, unfavorable foreign currency impacts, and rising interest expenses, the company maintained strong cash flow and made substantial debt repayments. The recognition for sustainability efforts further highlights Kadant Inc.'s achievements. However, ongoing economic uncertainties and geopolitical issues, particularly in Europe and Asia, present challenges for future growth.Company Guidance
During the fourth quarter and full year 2024 earnings call for Kadant Inc., several key financial metrics and future guidance were highlighted. The company reported an 8% increase in revenue and a 10% growth in bookings for Q4, with adjusted EBITDA rising by 8% to $52.4 million, representing a 20.3% EBITDA margin. For the full year, Kadant achieved record revenue of $1.05 billion, with aftermarket parts contributing 66% of total revenue. Adjusted EPS reached $10.28, surpassing the previous year's $10.04. The Flow Control segment saw an 8% revenue uplift, while the Industrial Processing segment experienced a 17% increase. Looking ahead to 2025, Kadant projected revenues between $1.040 billion and $1.065 billion, anticipating stronger financial performance in the second half of the year, despite challenges such as potential tariff impacts and foreign currency translation effects. The company remains focused on leveraging its robust cash flows and decentralized operating structure to navigate economic uncertainties and capitalize on growth opportunities.Record Full-Year Financial Performance
Kadant Inc. achieved record revenue of $1.05 billion in fiscal 2024, with aftermarket parts making up 66% of total revenue. Adjusted EPS increased to a record $10.28, and full-year adjusted EBITDA was a record $230 million, representing 21.8% of revenue.
Flow Control Segment Growth
Q4 revenue increased by 8% to $95 million in the Flow Control segment, with aftermarket parts revenue up 12% compared to the prior period, making up 71% of total revenue. Adjusted EBITDA was up 15%, with an increase of 170 basis points in adjusted EBITDA margin to 28.7%.
Industrial Processing Segment Performance
Revenue in the Industrial Processing segment increased by 17% to $101 million in Q4 compared to the same period last year. Aftermarket parts revenue was up 24%, representing 67% of total revenue.
Strong Cash Flow and Debt Repayment
Q4 cash flow was strong at $52 million. Kadant Inc. repaid $124.5 million in debt in 2024, representing approximately 41% of 2024 borrowings.
Newsweek Recognition for Sustainability
Kadant Inc. was named one of America's most responsible companies by Newsweek Magazine for the fifth consecutive year.
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KAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $356.84 | $354.19 | -0.74% |
| Oct 29, 2024 | $320.25 | $335.40 | +4.73% |
| Jul 30, 2024 | $355.96 | $350.82 | -1.44% |
| Apr 30, 2024 | $272.98 | $260.74 | -4.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kadant Inc (KAI) report earnings?
Kadant Inc (KAI) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Kadant Inc (KAI) earnings time?
Kadant Inc (KAI) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KAI EPS forecast?
KAI EPS forecast for the fiscal quarter 2025 (Q1) is 1.97.
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