---
schema_version: "secwatch.filing_event.v1"
accession: "0000055529-24-000006"
form_type: "8-K"
ticker: "KEQU"
cik: "0000055529"
company_name: "KEWAUNEE SCIENTIFIC CORP /DE/"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T03:09:45.635166+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kewaunee Q3 FY2024 EPS $0.85 vs $0.25 YoY; net income triples despite 23% sales drop

## Summary
- Sales $46.8M, down 23% YoY from $60.8M; net income $2.5M vs $0.7M.
- Diluted EPS $0.85 (prior year $0.25); EBITDA $4.4M vs $2.7M.
- Domestic segment net income rose to $2.6M from $0.4M on improved productivity.
- International sales fell 39% to $15.0M due to two large non-recurring projects.
- Cash on hand $27.1M, up from $13.8M at April 2023; debt-to-equity improved to 0.87.

## SEC filing metadata
- accession: 0000055529-24-000006
- form_type: 8-K
- ticker: KEQU
- cik: 0000055529
- company_name: KEWAUNEE SCIENTIFIC CORP /DE/
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55529/000005552924000006/0000055529-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55529/000005552924000006/kequ-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055529-24-000006
- JSON: https://secwatch.observer/filing/0000055529-24-000006.json
- Plain text: https://secwatch.observer/filing/0000055529-24-000006.txt

## Key facts
- Earnings Releases
  KEWAUNEE SCIENTIFIC CORP /DE/ reported third quarter ended January 31, 2024 results: revenue $46,778,000, net income $2,521,000, EPS $0.85.
  - Period: third quarter ended January 31, 2024
  - Revenue: $46,778,000
  - Net income: $2,521,000
  - EPS: $0.85
  - Result: reported results
  source text: Sales during the third quarter of fiscal year 2024 were $46,778,000, a decrease of 23.1% compared to sales of $60,821,000 from the prior year's third quarter. Pre-tax earnings for the quarter were $3,515,000 compared to $2,060,000 for the prior year quarter, an increase of 70.6%. Net earnings were $2,521,000 compared to net earnings of $723,000 for the prior year quarter. EBITDA 1 for the quarter was $4,414,000 compared to $2,683,000 for the prior year quarter. Diluted earnings per share was $0.85 compared to diluted earnings per share of $0.25 in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/55529/000005552924000006/0000055529-24-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.