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

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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.

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PITTSBURGH, Aug. 23, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will virtually attend the Seaport Research Partners Annual Summer Investor Conference. Details of the conference are as follows: When:     Wednesday, August 25, 2021 Attendees:     Damon Audia, Vice President and CFO                         Ryan Mills, Manager, Investor Relations About Kennametal With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

Kennametal to Attend Seaport Research Partners Investor Conference

Kennametal has put together some very good quarters, with improving end-market demand driving long-awaited meaningful margin improvement. Component shortages are likely to slow demand in transportation markets, but aerospace and energy are showing real improvement.

Kennametal A Battleground Between Cycle And Self-Help

Kennametal's (KMT) Q4 earnings reflect gains from healthy businesses in the majority of end markets and lower taxes. High costs and expenses play spoilsport.

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

Kennametal, Inc. (KMT) CEO Chris Rossi on Q4 2021 Results - Earnings Call Transcript

Kennametal (KMT) delivered earnings and revenue surprises of 35.90% and 0.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Kennametal (KMT) Q4 Earnings and Revenues Top Estimates

Shares of Kennametal (NYSE:KMT) moved lower after the company reported Q4 results. Quarterly Results Earnings per share rose 253.33% year over year to $0.53, which beat the estimate of $0.40.

Kennametal: Q4 Earnings Insights

PITTSBURGH, Aug. 2, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today announced fourth quarter and fiscal 2021 results. For the fourth quarter, the Company reported earnings per diluted share (EPS) of $0.41, compared with loss per diluted share (LPS) of $0.11 in the prior year quarter.

Kennametal Reports Q4 and Fiscal 2021 Results; Announces Share Repurchase Program

Kennametal (NYSE:KMT) releases its next round of earnings this Monday, August 02. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Earnings Outlook For Kennametal

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) Earnings Expected to Grow: Should You Buy?

PITTSBURGH, July 22, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will virtually attend the Jefferies Industrial Conference. Details of the conference are as follows:             When:   Wednesday, August 4, 2021             Attendees:   Chris Rossi, President and CEO Damon Audia, Vice President and CFO Kelly Boyer, Vice President, Investor Relations About Kennametal With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

Kennametal to Attend Jefferies Industrial Conference

PITTSBURGH, July 14, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) will host its fourth quarter fiscal year 2021 earnings call on Tuesday, August 3, 2021. The press release and presentation will be available on the Company's website after market close on August 2, 2021.

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

PITTSBURGH, July 13, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Carrie Bartkowiak, Senior Staff Engineer, Product Engineering, will be honored at the Women in Manufacturing STEP Ahead Awards on November 4 in Washington, D.C. Presented by The Manufacturing Institute, the awards celebrate women making an impact in Science, Technology, Engineering and Production careers who have made outstanding achievements in their companies and communities.

Kennametal's Carrie Bartkowiak Named STEP Ahead Award Winner; Recognized for Leadership in Manufacturing

We believe that the stock price of Kennametal, a tooling and industrial materials supplier, looks fully valued at current levels of around $38. KMT stock has risen 2.5x from levels of under $15 on March 23, 2020, when broader markets made a bottom.

Here's Why Kennametal Stock Is Vulnerable To Downside Risk

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

Why Is Kennametal (KMT) Down 7.7% Since Last Earnings Report?

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PITTSBURGH, May 27, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will virtually attend the KeyBanc Industrials & Basic Materials Conference. Details of the conference are as follows:             When:             Wednesday, June 2, 2021             Attendees:     Damon Audia, Vice President and Chief Financial Officer                                    Kelly Boyer, Vice President, Investor Relations About Kennametal With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

Kennametal to Attend KeyBanc Industrials & Basic Materials Conference

PITTSBURGH, May 20, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced that effective June 14, 2021, Sanjay Chowbey will join the company as President, Metal Cutting. Chowbey comes to the company most recently from Flowserve, where he was President of Services and Solutions.

Kennametal Announces President of Metal Cutting Segment

PITTSBURGH, May 6, 2021 /PRNewswire/ -- Kennametal (NYSE: KMT) announced today that they will virtually attend the Goldman Sachs Industrials & Materials Conference. Details of the conference are as follows: When: Wednesday, May 12, 2021 Attendees:  Damon Audia, Vice President and Chief Financial Officer Kelly Boyer, Vice President, Investor Relations About Kennametal With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

Kennametal to Attend Goldman Sachs Industrials & Materials Conference 2021

Kennametal's (KMT) Q3 earnings decline on a y/y basis as high costs and expenses offset a slight increase in sales. It expects a mid-single-digit increase in sales on a sequential basis for Q4.

Kennametal (KMT) Q3 Earnings Beat Estimates, Decline Y/Y

Kennametal's (KMT) CEO Chris Rossi on Q3 2021 Results - Earnings Call Transcript

Kennametal (KMT) delivered earnings and revenue surprises of 52.38% and 2.86%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Kennametal (KMT) Q3 Earnings and Revenues Top Estimates

Shares of Kennametal (NYSE:KMT) remained quite in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 30.43% over the past year to $0.32, which beat the estimate of $0.20.

Kennametal: Q3 Earnings Insights

PITTSBURGH, May 3, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2021 third quarter ended March 31, 2021, with earnings per diluted share (EPS) of $0.26, compared with $0.03 in the prior year quarter, and adjusted EPS of $0.32, compared with $0.46 in the prior year quarter. "I am encouraged by our results, which reflect solid execution of our initiatives as well as improving sales and free operating cash flow.

Kennametal Announces Fiscal 2021 Third Quarter Results

Kennametal (KMT) is poised to benefit from improvements in end markets, strong product portfolio, growth initiatives and shareholder-friendly policies.

News for Kennametal Stock (KMT)