Kennametal's Q1 Earnings Surpass Estimates, Revenues Decline Y/Y [Yahoo! Finance]
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
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Source: Yahoo! Finance
The bottom line decreased 29.3% from the year-ago figure. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Kennametal's revenues were $481.9 million, which decreased 2% from the year-ago quarter's figure. Organic sales declined 2% year over year. Business days had a positive impact of 1%. Currency exchange negatively affected sales by 1%. KMT's revenues beat the Zacks Consensus Estimate of $581 million. On a geographical basis, revenues from American operations decreased 2% year over year to $237.7 million, whereas sales from Europe, the Middle East and Africa region were $145.9 million, down 1% from the year-ago quarter's reading. Sales from the Asia Pacific belt increased 2% to $98.3 million. Kennametal reports results under two business segments, namely Metal Cutting and Infrastructure. Its segmental performance for the fiscal first quarter is briefly discussed below: The Metal Cutting segment's revenues of $297 million decreased 4% year over yea
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KMT
News
- Here's Why You Should Retain Kennametal Stock in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Kennametal Inc. (NYSE: KMT) had its price target raised by analysts at Morgan Stanley from $24.50 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Kennametal Named Among Newsweek's America's Most Responsible Companies [Yahoo! Finance]Yahoo! Finance
- Kennametal Named Among Newsweek's America's Most Responsible CompaniesPR Newswire
- Why Is Kennametal (KMT) Down 5% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
KMT
Earnings
- 11/6/24 - Beat
KMT
Sec Filings
- 12/6/24 - Form 4
- 12/4/24 - Form 144
- 11/29/24 - Form 4
- KMT's page on the SEC website