Kaydon (NYSE:KDN) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased 18.18% to $0.36 in the quarter versus EPS of $0.44 in the year-earlier quarter. Revenue rose 2.21% to $110.5 million from the year-earlier quarter.
Kaydon reported adjusted EPS income of $0.36 per share. By that measure, the company missed the mean analyst estimate of $0.4. It beat the average revenue estimate of $109.4 million.