{"id":56133,"date":"2023-09-02T11:12:54","date_gmt":"2023-09-02T15:12:54","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/kewaunee-scientific-shares-rise-13-after-1q-earnings\/"},"modified":"2023-09-02T11:12:56","modified_gmt":"2023-09-02T15:12:56","slug":"kewaunee-scientific-shares-rise-13-after-1q-earnings","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=56133","title":{"rendered":"Kewaunee Scientific Shares Rise 13% After 1Q Earnings"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230901-705723\" role=\"document\">\n<p>By Chris Wack<\/p>\n<pre><\/pre>\n<p>Kewaunee Scientific shares rose after the company reported first-quarter earnings, after a loss in the same quarter last year.<\/p>\n<p>Shares recently rose 13%, to $17.60. The stock hit its 52-week low of $14.56 on July 18, down 8% in the past 12 months.<\/p>\n<div class=\"paywall\">\n<p>The healthcare furniture maker had quarterly earnings of $2.5 million, or 86 cents a share, compared with a loss of $747,000, or 27 cents a share, in the same quarter last year.<\/p>\n<p>Sales for the quarter came in at $49.8 million, compared with last year&#8217;s $50.1 million.<\/p>\n<p>The company had an order backlog of $140.8 million on July 31, compared with $174 million last year.<\/p>\n<p>Domestic sales were down 5.5% for the quarter, but international sales were up 14%.<\/p>\n<pre><\/pre>\n<p>Write to Chris Wack at chris.wack@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/kewaunee-scientific-shares-rise-13-after-1q-earnings-5e4f8c53?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Chris Wack Kewaunee Scientific shares rose after the company reported first-quarter earnings, after a loss in the same quarter last year. Shares recently rose 13%, to $17.60. The stock hit its 52-week low of $14.56 on July 18, down 8% in the past 12 months. The healthcare furniture maker had quarterly earnings of $2.5 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-56133","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kewaunee Scientific Shares Rise 13% After 1Q Earnings | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Chris Wack Kewaunee Scientific shares rose after the company reported first-quarter earnings, after a loss in the same quarter last year. 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