Kennametal Announces Fiscal 2024 Third Quarter Results
Kennametal Inc. (KMT)
Last kennametal inc. earnings: 2/3 04:01 pm
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US:NYSE Investor Relations:
kennametal.gcs-web.com/investor-overview
Company Research
Source: PR Newswire
Strong YTD cash from operations of $163 million compared to $126 million in the prior yearEarnings per diluted share (EPS) of $0.24 and adjusted EPS of $0.30Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividendsPITTSBURGH, May 8, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2024 third quarter ended March 31, 2024, with sales of $516 million, compared to $536 million in the prior year quarter, and earnings per diluted share (EPS) of $0.24, compared with $0.39 in the prior year quarter. Adjusted EPS was $0.30 in the current quarter, whereas EPS was not adjusted in the prior year quarter."Results this quarter were in line with our expectations, and we once again generated strong cash from operations despite market softness, particularly in the energy end market and a continued slow recovery in China," said Christopher Rossi, President and CEO.Rossi continued, "We have tigh
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News
- Metal Cutting Tools Market Size to Hit US$ 141.09 Billion by 2032, Rise of Automation & Smart Manufacturing Drives Growth | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- Kennametal Inc. (NYSE: KMT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Reasons Why You Should Hold Kennametal Stock in Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
- Kennametal Inc. (NYSE: KMT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Kennametal Ranks Among World's Best Companies by TIME [Yahoo! Finance]Yahoo! Finance
KMT
Earnings
- 8/7/24 - Beat
KMT
Sec Filings
- 9/17/24 - Form ARS
- 9/17/24 - Form DEFA14A
- 9/17/24 - Form DEF
- KMT's page on the SEC website