KAI's measures to consistently reward shareholders through dividends and share buybacks hold promise.
WESTFORD, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.34 per share to be paid on May 7, 2025 to stockholders of record as of the close of business on April 9, 2025.
The main figures for Kadant (KAI) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
Kadant (KAI) reported quarterly earnings of $2.25 per share, which is higher than the Zacks Consensus Estimate of $2.08 per share. In comparison, the earnings from the same quarter last year were $2.41 per share.
WESTFORD, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced its financial performance for the fourth quarter and the entire fiscal year that concluded on December 28, 2024.
Conestoga Capital Advisors, an asset management firm, has published its investor letter for the fourth quarter of 2024, which you can download here. For the second year in a row, U.S. stock indices finished the year with returns in the double digits, following modest gains in the last quarter of 2024. The company's investment strategies faced challenges due to the excitement surrounding various investments.
Kadant Inc. (NYSE: KAI) has announced that it will share its financial results for the fourth quarter and the entire year of 2024 after the market closes on February 12, 2025. A webcast will take place the following day, February 13, 2025, at 11:00 a.m. Eastern Standard Time, where the company will talk about its financial performance and future outlook.
WESTFORD, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has been recognized as one of "America's Most Responsible Companies 2025" by Newsweek magazine. This marks the fifth consecutive year that Kadant has made it onto this awards list, which evaluates companies based on Environmental, Social, and Corporate Governance (ESG) criteria.
Event Theme: Innovative Industrial Solutions for a Sustainable Future Unveils New Financial Objectives for the Next Five Years.
Kadant (KAI) could see an increase in value due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).