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Kennametal (KMT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
KMTKennametal(KMT) ZACKS·2025-02-05 15:36

Core Viewpoint - Kennametal reported a revenue of 482.05millionforthequarterendedDecember2024,reflectingayearoveryeardeclineof2.7482.05 million for the quarter ended December 2024, reflecting a year-over-year decline of 2.7% and falling short of the Zacks Consensus Estimate of 483.66 million by 0.33% [1] Financial Performance - Earnings per share (EPS) for the quarter was 0.25,downfrom0.25, down from 0.30 in the same quarter last year, with no surprise compared to the consensus EPS estimate of 0.25[1]TotalSalesintheInfrastructuresegmentreached0.25 [1] - Total Sales in the Infrastructure segment reached 184.27 million, slightly above the average estimate of 182.92million,markingayearoveryearincreaseof0.2182.92 million, marking a year-over-year increase of 0.2% [4] - Total Sales in the Metal Cutting segment amounted to 297.79 million, below the estimated 301.07million,representingadeclineof4.4301.07 million, representing a decline of 4.4% compared to the previous year [4] Operating Income - The Corporate segment reported an operating loss of 0.53 million, better than the average estimate of a loss of 0.84million[4]ProformaOperatingIncomefortheInfrastructuresegmentwas0.84 million [4] - Proforma Operating Income for the Infrastructure segment was 15.83 million, exceeding the average estimate of 10.52million[4]ProformaOperatingIncomefortheMetalCuttingsegmentwas10.52 million [4] - Proforma Operating Income for the Metal Cutting segment was 17.79 million, falling short of the average estimate of $25.45 million [4] Stock Performance - Over the past month, Kennametal's shares have returned -2%, contrasting with the Zacks S&P 500 composite's increase of 1.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]