Kewaunee reports weaker sales: Kewaunee Scientific stock is 26.67 percent below high
Published on 10/05/2026 at 12:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKewaunee Scientific (ISIN US4928541048) was trading at EUR 30.50 at Lang & Schwarz on October 5, 2026 at 12:01 p.m. CEST, plus 0.33 percent versus the prior close of EUR 30.40. On the Nasdaq, KEQU was USD 34.16 on October 2, 2026, 26.67 percent below its USD 46.57 52-week high, while fiscal 2027 first-quarter sales fell to USD 66.32 million.
Fiscal 2027 sales decline
As Morningstar reported on September 9, 2026, Kewaunee Scientific's sales in the first quarter of fiscal 2027 decreased 6.70 percent from USD 71.10 million in the prior-year quarter. Net earnings attributable to the company fell to USD 1.71 million from USD 3.09 million, while diluted earnings per share declined to USD 0.58 from USD 1.04.
Morningstar also reported that fiscal 2027 first-quarter EBITDA, a non-GAAP measure, fell to USD 4.53 million from USD 6.32 million. The figures point to weaker quarterly volume, not a balance-sheet shock, because the company entered the period with a sizeable project backlog.
International margins offset pressure
Order backlog stood at USD 169.00 million on July 31, 2026, up from USD 165.90 million on April 30, 2026 but below USD 205.00 million a year earlier, according to Morningstar.
The international segment supplied the counterweight in the first quarter of fiscal 2027. Morningstar reported international sales down 7.80 percent to USD 15.45 million, yet segment net earnings rose 23.50 percent to USD 0.79 million. That combination makes mix and project timing central to the next quarterly comparison.
KEQU price stays below high
KEQU was trading at EUR 30.50 at Lang & Schwarz on October 5, 2026 at 12:01 p.m. CEST, plus 0.33 percent versus the Lang & Schwarz prior close of EUR 30.40 on October 2, 2026. Its primary-market reference was USD 34.16 on the Nasdaq on October 2, 2026, against a 52-week range of USD 32.00 to USD 46.57.
Kewaunee Scientific market data
- Company: Kewaunee Scientific Corporation
- ISIN: US4928541048
- Ticker: KEQU
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 12:01 p.m. CEST): EUR 30.50
- Change versus prior close: plus 0.33 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 30.40
- Market capitalization: USD 98.0 million (as of October 2, 2026)
- 52-week range: USD 32.00-46.57 (as of October 2, 2026)
