Kennametal

Kennametal, Inc. engages in the development and application of tungsten carbides, ceramics, and solutions used in metal cutting and extreme wear applications. It operates through the following segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy and transportation. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders, primarily for the energy, earthworks and general engineering end markets. The company was founded by Philip M. McKenna in 1938 and is headquartered in Pittsburgh, PA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2025

Earnings data Q2 2025

Kennametal reports strong Q3 performance and focuses on value-driven growth

Kennametal's Q3 performance reflects strong organic sales growth and successful strategic initiatives, despite macroeconomic headwinds. The company remains confident in its ability to drive growth and margin improvement, emphasizing its commitment to selling value and outperforming the market.

Kennametal reports robust Q2 growth, eyes EV and aerospace for expansion

Kennametal's Q2 2023 performance reflects strong sales growth and strategic focus on key sectors for market share expansion.
While facing challenges from inflation and operational factors, the company remains confident in its long-term value creation strategies.
Opportunities in EV projects, aerospace wins, and digital customer outreach position Kennametal for sustained growth and market leadership.

Kennametal reports strong Q3 performance, raises outlook for FY 2023

Kennametal's Q3 performance reflected solid sales growth, margin improvement, and strategic wins in key industries, positioning the company for continued success.
Despite challenges in managing margins, distributor behavior, and pricing strategies, Kennametal remains focused on innovation and value-driven sales approaches.
With an optimistic outlook for FY 2023 and a commitment to outperforming the market, Kennametal is poised to capitalize on opportunities for growth and market expansion.

Kennametal reports strong FY '23 performance, eyes growth opportunities

Kennametal's fiscal year '23 demonstrated solid organic sales growth and improved cash flow, despite margin challenges.
The company's strategic cost-saving actions and focus on commercial excellence position it well for FY '24.
While facing profitability and volume uncertainties, Kennametal's recent wins and market opportunities offer avenues for growth.
Investor interest remains high with an upcoming Investor Day to showcase future plans and strategies.

Kennametal reports flat Q1 sales but boosts EPS growth

Kennametal's Q1 2024 performance showed flat sales but increased adjusted EPS, driven by growth in key segments. The company maintained its full-year outlook with expectations of growth acceleration in the second half.
Despite challenges in the Energy sector, Kennametal is capitalizing on strengths in Europe and strategic business combinations to drive market share and shareholder value.

Kennametal reports flat Q2 sales, eyes growth in Aerospace market

Kennametal's Q2 performance reflects mixed results with flat sales, margin decline, and increased EPS, amid challenges in the Infrastructure segment.
Strengths lie in new product offerings, market share gains in Aerospace, and a strategic capital allocation plan for growth acceleration.
Challenges include market slowdowns, volume declines, and factors impacting EPS guidance, while opportunities exist in cost savings, market expansion, and industrial production improvement.
Overall, Kennametal aims to navigate market cycles, drive growth through innovation, and capitalize on opportunities for improved performance and profitability.

Kennametal Q3 2024: Sales Decline Amid Margin Challenges and New CEO Transition

Kennametal faced sales decline and margin challenges in Q3 2024, with adjusted EBITDA and EPS also down.
Strengths include growth in Aerospace & Defense, improved cash flow, and ongoing share repurchases.
Challenges include margin degradation in Metal Cutting and cautious customer restocking behavior.
Opportunities lie in stable raw material prices, potential sales growth, and new CEO leadership.

Kennametal reports resilient Q4 performance, eyes growth opportunities in FY '25

Kennametal's Q4 2024 earnings call highlighted improved margins, stock repurchases, and shareholder returns amidst challenging market conditions. The company's strategic focus on growth, efficiency, and optimization positions it well for future opportunities and performance.

Kennametal reports mixed Q1 results, focuses on innovation and cash flow

Kennametal's Q1 2025 performance reflected mixed sales results across segments amidst challenging market conditions
Despite sales decline, the company demonstrated strengths in innovation, cash flow generation, and sector diversification
Challenges in EMEA and soft U.S. industrial production were offset by growth in Asia Pacific and key sectors
Opportunities lie in growth initiatives, market expansion, and strategic focus on cash flow generation and shareholder value

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Kennametal, Inc. engages in the manufacturing of tungsten carbide metal cutting tooling. It operates through the Metal Cutting and Infrastructure segments. The Metal Cutting segment develops and manufactures tooling and metal cutting products and services. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders. The company was founded by Philip M. McKenna in 1938 and is headquartered in Pittsburgh, PA.

PITTSBURGH, Nov. 2, 2020 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2021 first quarter ended September 30, 2020, with loss per diluted share (LPS) of $0.26, compared with earnings per diluted share (EPS) of $0.08 in the prior year...

Kennametal Announces Fiscal 2021 First Quarter Results

On Monday, November 02, Kennametal (NYSE: KMT) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Kennametal Earnings Preview

Kennametal (KMT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Kennametal (KMT) This Earnings Season?

Kennametal (KMT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Kennametal (KMT) Could Beat Earnings Estimates Again

PITTSBURGH, Oct. 23, 2020 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will attend the Baird's 2020 Global Industrial Virtual Conference. Details of the conference are as follows: When: Tuesday, November 10, 2020 Attendees: Chris Rossi, President and Chief Executive...

Kennametal to Attend Baird 2020 Global Industrial Virtual Conference

PITTSBURGH, Oct. 13, 2020 /PRNewswire/ -- Kennametal (NYSE: KMT) will host its first quarter fiscal year 2021 earnings call on Tuesday, November 3, 2020. The press release and presentation will be available on the Company's website after market close on November 2, 2020. Details of the...

Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2021 Results

As of late, it has definitely been a great time to be an investor in Kennametal.

Kennametal's Shares March Higher, Can It Continue?

Kennametal (KMT) benefits from solid product offerings, three initiatives and shareholder friendly policies. The coronavirus outbreak-led uncertainties and high debt level persist.

Kennametal (KMT) Displays Bright Prospects, Headwinds Remain

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Rexnord, Kennametal, Heico: Industrial Stocks Poised To Gain As The Economy Recovers

PITTSBURGH, Sept. 11, 2020 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will attend the Morgan Stanley Virtual 8th Annual Laguna Conference.

Kennametal to Attend Morgan Stanley Virtual 8th Annual Laguna Conference

Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?

Why Is Kennametal (KMT) Up 15.1% Since Last Earnings Report?

Kennametal (KMT) suffers from the end-market weakness caused by the pandemic and refrains from providing projections for fiscal 2021. It also faces risks from forex woes.

Kennametal (KMT) Growth Momentum Slows on Pandemic Scare

Kennametal Inc. (KMT) CEO Chris Rossi on Q4 2020 Results - Earnings Call Transcript

Kennametal's (KMT) Q4 results reflect weakness in sales generation and lower margins. It refrains from issuing projections for FY21 on the pandemic-led uncertainties.

Kennametal (KMT) Q4 Earnings Beat Estimates, Decline Y/Y

Kennametal (KMT) delivered earnings and revenue surprises of 25.00% and -3.47%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Kennametal (KMT) Q4 Earnings Surpass Estimates

Shares of Kennametal (NYSE:KMT) rose 0.07% after the company reported Q4 results.

Recap: Kennametal Q4 Earnings

Kennametal (KMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Kennametal (KMT) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

PITTSBURGH, July 15, 2020 /PRNewswire/ -- Kennametal (NYSE: KMT) will host its fourth quarter fiscal year 2020 earnings call on Tuesday, August 4, 2020. The press release and presentation will be available on the Company's website after market close on August 3, 2020. Details of the...

Kennametal to Host Earnings Conference Call & Webcast on Fourth Quarter Fiscal 2020 Results

Kennametal (KMT) is likely to benefit from growth, modernization and simplification initiatives as well as cost-control measures. Challenging end-market conditions and high debt level are concerns.

Kennametal to Gain From Growth Initiatives Amid Pandemic Woes

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Kennametal (KMT) Stock Undervalued Right Now?

Kennametal's (KMT) restructuring actions will likely help it simplify the business structure, improve efficiency and boost shareholder value. Also, its cost-saving plans will likely help in effectively dealing with the pandemic-related woes.

Kennametal (KMT) Briefs on Restructuring Plans & Cost Actions

PITTSBURGH, June 9, 2020 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today is providing an update on its ongoing Simplification/Modernization initiative. In addition, it is announcing continuing cost-control actions to mitigate the lower market conditions associated with COVID-19....

Kennametal Accelerates Structural Changes from Simplification/Modernization; Outlines Cost-Control Actions to Mitigate COVID-19 Headwinds

Why Is Kennametal (KMT) Up 17.8% Since Last Earnings Report?

Kennametal (KMT) will likely continue suffering from the operational and end-market uncertainties caused by the pandemic. Forex woes and restructuring charges are other concerns.

News for Kennametal Stock (KMT)