Why Is Kennametal (KMT) Down 1.5% Since Last Earnings Report?

It has been about a month since the last earnings report for Kennametal (KMT) . Shares have lost about 1.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Kennametal due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Kennametal Q4 Earnings Beat Estimates, Revenue ...