earnings
confidence high
sentiment positive
materiality 0.70
Kewaunee Scientific Q1 sales up 47%; EPS $1.04; backlog $205M; expects FY EBITDA increase
KEWAUNEE SCIENTIFIC CORP /DE/
2026-Q1 EPS reported
$1.04
revenue$71,104,000
- Sales $71.1M (+46.9% YoY); diluted EPS $1.04 vs $0.74; net earnings $3.09M.
- Domestic sales $54.4M (+53%) driven by Nu Aire acquisition and improved productivity.
- Backlog $205M near historical highs; CEO warns of uneven quarterly performance ahead.
- Expects better unadjusted EBITDA in FY2026 vs FY2025 despite strategic investments.
- Corporate segment pre-tax loss $3.1M due to SOX 404(b) compliance and growth investments.
item 2.02item 9.01