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0 0 -0.000225377507324884 -0.000901510029299057 -0.00631057020509356 -0.00360604011719639 0.0105927428442641 0.0209601081812035
Stock impact report

Why Kennametal (KMT) Stock Is Nosediving [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
In This Article KMT Why Kennametal (KMT) Stock Is Nosediving What Happened? Shares of industrial materials and tools company Kennametal (NYSE:KMT) fell 6.4% in the morning session after the company reported weak fourth-quarter results. Its full-year EPS guidance missed significantly, and its revenue guidance for the next quarter also fell short of Wall Street's estimates. Management attributed the weaker outlook to deteriorating market conditions, particularly in EMEA.? Overall, this was a softer quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Kennametal? Access our full analysis report here, it's free What The Market Is Telling Us Kennametal's shares are not very volatile and have only had 2 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamental Show less Read more
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