Kennametal(KMT)

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Kennametal Statement about Facility Damaged by Arkansas Tornado
prnewswire.com· 2024-05-28 20:30
PITTSBURGH, May 28, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that its production facility in Rogers, AR, sustained damage early Sunday morning from a tornado that also affected the larger Rogers community. At the time of the storm, the facility was shut down for the holiday weekend and no employees were onsite. The extent of the damage is currently being assessed. "Our thoughts are with our employees and everyone in the community affected by this storm," said Sanjay C ...
Kennametal(KMT) - 2024 Q3 - Quarterly Report
2024-05-10 12:32
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from _______ to _______ Commission file number 1-5318 KENNAMETAL INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0900168 (State o ...
Kennametal (KMT) Q3 Earnings Miss Estimates, Revenues Fall Y/Y
Zacks Investment Research· 2024-05-09 17:50
Kennametal Inc. (KMT) reported third-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 30 cents per share, which missed the Zacks Consensus Estimate of 31 cents. The bottom line decreased 23.1% from the year-ago figure.Revenue DetailsKennametal’s revenues were $515.8 million, which decreased 3.8% from the year-ago quarter’s figure. Organic sales declined 2% year over year. Business days had a negative impact of 1%. Currency exchange negatively affected sales by 1%.KMT’s revenues missed the Zacks ...
Kennametal to Attend KeyBanc 2024 Industrials and Basic Materials Conference
Prnewswire· 2024-05-09 10:30
PITTSBURGH, May 9, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the KeyBanc 2024 Industrials and Basic Materials Conference in Boston. Details of the conference are as follows: When: May 29, 2024 Attendees: Patrick Watson, Vice President and Chief Financial Officer Franklin Cardenas, Vice President Kennametal Inc., President Infrastructure Michael Pici, Vice President, Investor Relations About KennametalWith over 80 years as an indus ...
Kennametal(KMT) - 2024 Q3 - Earnings Call Transcript
2024-05-08 15:45
Kennametal Inc. (NYSE:KMT) Q3 2024 Earnings Conference Call May 8, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Christopher Rossi - President and Chief Executive Officer Pat Watson - Vice President and Chief Financial Officer Sanjay Chowbey - Vice President and President of Metal Cutting Franklin Cardenas - Vice President and President of Infrastructure Conference Call Participants Steve Volkmann - Jefferies Angel Castillo - Morgan Stanley Julian Mitchell – Barcla ...
Kennametal (KMT) Reports Q3 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-08 14:36
For the quarter ended March 2024, Kennametal (KMT) reported revenue of $515.79 million, down 3.8% over the same period last year. EPS came in at $0.30, compared to $0.39 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $522.04 million, representing a surprise of -1.20%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $0.31.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
Kennametal (KMT) Q3 Earnings and Revenues Miss Estimates
Zacks Investment Research· 2024-05-08 12:41
Kennametal (KMT) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this engineered products maker would post earnings of $0.25 per share when it actually produced earnings of $0.30, delivering a surprise of 20%.Over the last four quarters, the ...
Kennametal(KMT) - 2024 Q3 - Quarterly Results
2024-05-08 10:44
Exhibit 99.1 FOR IMMEDIATE RELEASE: DATE: May 8, 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 2024 Third Quarter Results PITTSBURGH, (May 8, 2024) – Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2024 third quarter ended March 31, 2024, with sales of $516 million, compared to $536 million in the prior year quarter, ...
Unveiling Kennametal (KMT) Q3 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-07 14:20
In its upcoming report, Kennametal (KMT) is predicted by Wall Street analysts to post quarterly earnings of $0.31 per share, reflecting a decline of 20.5% compared to the same period last year. Revenues are forecasted to be $522.04 million, representing a year-over-year decrease of 2.6%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a ...
Earnings Preview: Kennametal (KMT) Q3 Earnings Expected to Decline
Zacks Investment Research· 2024-05-01 15:05
Wall Street expects a year-over-year decline in earnings on lower revenues when Kennametal (KMT) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 on May 8. On the oth ...