Tag Archives: ball bearings

Kaydon Corp (KDN) Misses Expectations

Kaydon Corp (KDN), the maker of specialty ball bearings for wind turbines reported less than stellar results this morning but managed to hold up reasonably well today, off less than 1%.  Undoubtedly, much of the negativity has already been priced into the stock which is down more than 50% in a month.  The company reported Q3 EPS of .50/share, .11 below analyst estimates while revenue was about 9 million below consensus estimates at 126.8 million.… Read the rest