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Q1: 2026-05-05 Earnings Summary
EPS of $2.84 beats by $0.73
|
Revenue of
$281.51M
(17.68% Y/Y)
beats by $6.55M
Kadant Inc. (KAI) Q1 2026 Earnings Call May 6, 2026 11:00 AM EDT
Company Participants
Michael McKenney - Executive VP & CFO
Jeffrey Powell - President, CEO & Director
Conference Call Participants
Gary Prestopino - Barrington Research Associates, Inc., Research Division
Ross Sparenblek - William Blair & Company L.L.C., Research Division
Aditya Madan - D.A. Davidson & Co., Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Q1 2026 Kadant Earnings Conference Call.
[Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker today, Michael McKenney, Executive Vice President and Chief Financial Officer. Please go ahead.
Michael McKenney
Executive VP & CFO
Thank you, Therese. Good morning, everyone, and welcome to Kadant's First Quarter 2026 Earnings Call. With me on the call today is Jeff Powell, our President and Chief Executive Officer.
Before we begin, let me read our safe harbor statement. Various remarks that we may make today about Kadant's future plans and expectations, financial and operating results and prospects are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those outlined at the beginning of our slide presentation and those discussed under the heading Risk Factors in our annual report on Form 10-K for the fiscal year ended January 3, 2026, and subsequent filings with the Securities and Exchange Commission.
In addition, any forward-looking statements we make during this webcast represent our views and estimates only as of today. While we may elect to update forward-looking statements at some
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