Kennametal (KMT) Tops Q4 Earnings and Revenue Estimates

Kennametal (KMT) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.36%. A quarter ago, it was expected that this engineered products maker would post earnings of $0.31 per share when it actually produced earnings of $0.30, delivering a surprise of -3.23%. Over the last four quarters, ...