Kennametal(KMT)
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Kennametal to Attend UBS Global Industrials and Transportation Conference
Prnewswire· 2024-11-12 12:00
PITTSBURGH, Nov. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the UBS Global Industrials and Transportation Conference in Manalapan, Florida.Details of the conference are as follows: When: Tuesday, December 3, 2024 Attendees: Patrick Watson, Vice President and Chief Financial Officer Michael Pici, Vice President, Investor Relations About KennametalWith over 85 years as an industrial technology leader, Kennametal In ...
Kennametal's Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2024-11-07 17:35
Kennametal Inc. (KMT) reported first-quarter fiscal 2025 (ended Sept. 30, 2024) adjusted earnings of 29 cents per share, which beat the Zacks Consensus Estimate of 25 cents. The bottom line decreased 29.3% from the year-ago figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.KMT’s Revenue DetailsKennametal’s revenues were $481.9 million, which decreased 2% from the year-ago quarter’s figure. Organic sales declined 2% year over year. Business days had a positive impact of 1%. Curr ...
Kennametal(KMT) - 2025 Q1 - Earnings Call Transcript
2024-11-06 20:49
Kennametal Inc. (NYSE:KMT) Q1 2025 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Sanjay Chowbey - President and Chief Executive Officer Pat Watson - Vice President and Chief Financial Officer Conference Call Participants Steven Fisher - UBS Julian Mitchell - Barclays Steve Barger - KeyBanc Capital Markets Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Chris Dankert - Loop Capital Markets Joe Ritchie - Goldman Sachs Oper ...
Kennametal(KMT) - 2025 Q1 - Quarterly Report
2024-11-06 20:18
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: September 30, 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 (S ...
Kennametal (KMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-06 15:35
Kennametal (KMT) reported $481.95 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 2.1%. EPS of $0.29 for the same period compares to $0.41 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $480.69 million, representing a surprise of +0.26%. The company delivered an EPS surprise of +16.00%, with the consensus EPS estimate being $0.25.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...
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, ...