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Kennametal Announces Fiscal 2024 Third Quarter Results [Yahoo! Finance]

Kennametal Inc. (KMT) 
Last kennametal inc. earnings: 2/3 04:01 pm Check Earnings Report
US:NYSE Investor Relations: kennametal.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividends PITTSBURGH 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 , compared with in the prior year quarter. Adjusted EPS was 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 tightened our full year outlook to align with current market conditions. As always, we remain focused on the things we can control, including driving share gain and p Show less Read more
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