Kewaunee Q1 Earnings Fall Y/Y Despite International Strength
Kewaunee Scientific reported fiscal Q1 earnings that fell year over year, reflecting weaker sales and LPG volumes. These declines were partly offset by stronger international profitability and cost control, according to Zacks Investment Research.
Why it matters — A KEQU watcher would care because the year-over-year earnings decline points to softer domestic sales in the quarter, even though international profitability and cost measures provided some offset.