Kennametal (KMT) Matches Q2 Earnings Estimates

Kennametal (KMT) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this engineered products maker would post earnings of $0.25 per share when it actually produced earnings of $0.29, delivering a surprise of 16%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Kennametal, which belo ...