Kaydon (KDN)

Add a New Bulls Reason Company: Kaydon (KDN) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   Will do fine even if renewable energy tax credits aren't renewed Top Contributor: Financial Nirvana | Created when NYSE:KDN was $43.15 | Edit | History The near term downside remains if the Renewable Energy tax credits are not extended by Congress beyond the year 2008. However, the wind energy demand and record backlog has the company sitting pretty despite what happens with the current law. Nevertheless, the alternative energy sector could use a boost by congress with the extension of tax credits beyond 2008. (100 character max) Cancel 0% agree 0 votes   Handily beat 4th quarter earnings estimates Top Contributor: Financial Nirvana | Created when NYSE:KDN was $43.15 | Edit | History Kaydon Corp. (KDN) handily beat its earnings estimate when the company released its 4Q numbers on February 21st. Earnings per share [EPS] came in at 70 cents per share beating analysts estimates of 59 cents. Even if we add in the 9 cents per share one time gain from the sale of part of its friction control unit, Kaydon still beat the estimate by 2 cents (100 character max) Cancel

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