Kadant Q3 Beats; Guidance Adjusted Down

Kadant reported Q3 adjusted EPS of $2.59 on revenue of $271.57 million, roughly flat year‑over‑year, beating consensus estimates and marking another quarter of EPS outperformance. Management provided Q4 guidance that missed some Street expectations: GAAP EPS $1.91–$2.11 (vs. a ~$2.58 estimate), adjusted EPS $2.05–$2.25 (vs. ~$2.55), and sales roughly $270M–$280M. For FY2025 the company affirmed adjusted EPS around $9.05–$9.25, lowered GAAP EPS guidance to about $8.52–$8.72, and said it had adjusted its sales outlook. The company cited strength in its aftermarket parts and service business as a key driver of near‑term results. Kadant shares have underperformed this year (down ~12% YTD vs. the S&P 500’s +16.9%), and the stock’s direction will likely depend on management commentary and subsequent analyst estimate revisions.