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Stock impact report

Q3 Earnings Highs And Lows: Kennametal (NYSE:KMT) Vs The Rest Of The Professional Tools and Equipment Stocks [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
Q3 Earnings Highs And Lows: Kennametal (NYSE:KMT) Vs The Rest Of The Professional Tools and Equipment Stocks As the Q3 earnings season wraps, let's dig into this quarter's best and worst performers in the professional tools and equipment industry, including Kennametal (NYSE:KMT) and its peers. Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand. Some professional tools and equipment companies also provide software to accompany measurement or automated machinery, adding a stream of recurring revenues to their businesses. On the other hand, professional tools and equipment companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies' offerings. The 10 professional tools and equipment stocks we track reported a slower Q3. As a group, revenues beat analysts' consensus estimates by 0.6% Show less Read more
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