Kennametal(KMT)

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Kennametal (KMT) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2024-11-06 13:40
Kennametal (KMT) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16%. A quarter ago, it was expected that this engineered products maker would post earnings of $0.44 per share when it actually produced earnings of $0.49, delivering a surprise of 11.36%.Over the last four quarters, the ...
Kennametal(KMT) - 2025 Q1 - Quarterly Results
2024-11-06 11:52
Exhibit 99.1 FOR IMMEDIATE RELEASE: DATE: November 6, 2024 Investor Relations Media Relations CONTACT: Michael Pici CONTACT: Lori Lecker PHONE: 412-790-0792 PHONE: 412-248-8224 michael.pici@kennametal.com lori.lecker@kennametal.com Kennametal Announces Fiscal 2025 First Quarter Results • Strong cash from operations of $46 million compared to $26 million in the prior year; free operating cash flow of $21 million compared to negative $3 million in the prior year • Earnings per diluted share (EPS) of $0.28 and ...
Kennametal Announces Fiscal 2025 First Quarter Results
Prnewswire· 2024-11-06 11:30
Strong cash from operations of $46 million compared to $26 million in the prior year; free operating cash flow of $21 million compared to negative $3 million in the prior year Earnings per diluted share (EPS) of $0.28 and adjusted EPS of $0.29 Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividendsPITTSBURGH, Nov. 6, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2025 first quarter ended Septem ...
Analysts Estimate Kennametal (KMT) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-30 15:07
The market expects Kennametal (KMT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Kennametal Expands Legacy Portfolio with Three New Turning Products
Prnewswire· 2024-10-25 13:00
One New Offering Specific to Small Parts Machining & Medical Applications PITTSBURGH, Oct. 25, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is expanding its turning portfolio with the introduction of new inserts and cutting tools that significantly broadens its machining capabilities in the small parts and medical machining space. The three new products –TopSwiss™ Turning Inserts and Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts – are designed to improve output, enhance component quality, ...
Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2025 Results
Prnewswire· 2024-10-16 10:30
PITTSBURGH, Oct. 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2025 earnings call on Wednesday, November 6. The press release and presentation will be available on the Company's website before market on November 6. Details of the conference call and webcast are as follows: When: Wednesday, November 6, 2024, at 9:30 am ET Hosts: Sanjay Chowbey, President and CEO Patrick Watson, Vice President and CFO Webcast: The conference call will be broadcast via real-time a ...
Reasons Why You Should Hold Kennametal Stock in Your Portfolio Now
ZACKS· 2024-09-18 17:21
Kennametal Inc. (KMT) is poised to benefit from solid momentum in aerospace, defense and transportation end markets in the quarters ahead. Growth in production for light vehicle and hybrid project wins bode well for the company. It is witnessing several positive trends in its key end markets that hold promise for long-term growth. The trends include an increase in U.S. and international defense spending volumes, digitalization and recovery in the transportation end market. For fiscal 2025 (ending June 2025) ...
Kennametal Ranks Among World's Best Companies by TIME
Prnewswire· 2024-09-12 15:18
PITTSBURGH, Sept. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its inclusion in TIME's World's Best Companies 2024. Presented by TIME and Statista Inc., the world-leading statistics portal and industry ranking provider, this prestigious recognition reflects Kennametal's commitment to all its stakeholders – employees, customers, investors and community partners. The World's Best Companies list is based on comprehensive analysis of revenue growth, employee-satisfaction surveys and sust ...
Kennametal Highlights Achievements in Fiscal Year 2024 Corporate Responsibility Report
Prnewswire· 2024-09-10 12:00
PITTSBURGH, Sept. 10, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that is has published its fiscal year 2024 Corporate Responsibility Report (previously ESG Report), outlining the company's continued progress in advancing its environmental, social and governance strategy. It also details issues important to stakeholders, including environmental, health and safety (EHS), employee engagement, workforce training and development, diversity and inclusion, community engagement and other mater ...
Why Is Kennametal (KMT) Down 1.5% Since Last Earnings Report?
ZACKS· 2024-09-06 16:37
It has been about a month since the last earnings report for Kennametal (KMT) . Shares have lost about 1.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Kennametal due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Kennametal Q4 Earnings Beat Estimates, Revenue ...