Kadant Inc. announced earnings guidance for the first quarter and full year 2024. For the first quarter of 2024, the company expects revenue of $238 to $246 million and GAAP EPS of $1.76 to $1.86. The company are experiencing healthy demand in key end markets, however, first quarter will be weaker than the remaining quarters of 2024 due to the timing of capital projects.

For 2024, the company expects revenue of $1.040 billion to $1.065 billion and GAAP EPS of $9.55 to $9.85.