Kennametal (KMT) Surpasses Q1 Earnings and Revenue Estimates

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 ...