Kennametal (KMT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Viewpoint - Kennametal reported a revenue of $482.05 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, down from $0.30 in the same quarter last year, with no surprise compared to the consensus EPS estimate of $0.25 [1] - Total Sales in the Infrastructure segment reached $184.27 million, slightly above the average estimate of $182.92 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 $301.07 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 $0.84 million [4] - Proforma Operating Income for the Infrastructure segment was $15.83 million, exceeding the average estimate of $10.52 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]