Kadant sees Q1 adjusted EPS $1.90-$2.00, consensus $2.29

Sees Q1 revenue $238M-$246M, consensus $232.85M. The company said, “For the first quarter of 2024, we expect revenue of $238 to $246 million, GAAP EPS of $1.76 to $1.86, and, after excluding $0.14 of amortization expense associated with acquired inventory and backlog, adjusted EPS of $1.90 to $2.00.”