Kewaunee Scientific reports Q3 EPS $1.01 vs. 93c last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
0mins
Should l Buy ?
Q3 Revenue Performance: Kewaunee reported Q3 revenue of $47.75M, down from $50.44M the previous year, with CEO Thomas Hull III highlighting improved domestic segment performance despite ongoing construction delays in India affecting sales.
Acquisition Announcement: On November 1, 2024, Kewaunee announced the acquisition of Nu Aire, a manufacturer of containment solutions, which will positively impact future financial results starting in Q3 FY25, although the company incurred $2.3M in acquisition-related expenses this fiscal year.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
