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KMT News Highlights
- KMT's 30 day story count now stands at 1.
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Latest KMT News From Around the Web
Below are the latest news stories about Kennametal Inc that investors may wish to consider to help them evaluate KMT as an investment opportunity.
Kennametal (NYSE: KMT) will host its third quarter fiscal year 2021 earnings call on Tuesday, May 4, 2021. The press release and presentation will be available on the Company's website after market close on May 3, 2021.
Kennametal (KMT) has been suffering from a soft end-market conditions amid the coronavirus outbreak, high debt level and other issues.
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In this article, we shared Ariel Investments’ founder John Rogers’ top 10 stock picks. You can skip our detailed discussion of Rogers’ investment philosophy, his fund’s performance and go directly to John Rogers’ Top 5 Stock Picks. John Washington Rogers is an American hedge fund manager and investor who founded Ariel Investments in 1983. The […]
The index was trading 1.4 per cent up at 20300.94.
Kennametal (NYSE: KMT) announced today that they will attend the virtual Barclays Industrial Select Conference.
Kennametal Inc., a supplier of tooling and industrial materials, reported better-than-expected second-quarter results, sending its stock up 1.7% on Monday. Kennametal’s (KMT) 2Q adjusted earnings of $0.16 per share came in ahead of the Street’s estimates of $0.09 but declined from $0.17 per share in the year-ago period. Its revenue of $440.5 million topped analysts’ expectations of $423.6 million but fell 13% year-over-year. The double-digit decline in revenue reflects a 14% drop in organic sales. Meanwhile, divestiture negatively impacted its sales by 1%. However, foreign currency exchange rates had a favorable impact on net sales.
Kennametal (KMT) delivered earnings and revenue surprises of 60.00% and 2.61%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Kennametal (NYSE:KMT) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 5.88% year over year to $0.16, which beat the estimate of $0.09. Revenue of $440,507,000 declined by 12.78% from the same period last year, which beat the estimate of $423,610,000. Looking Ahead Kennametal hasn't issued any earnings guidance for the time being. View more earnings on KMT Kennametal hasn't issued any revenue guidance for the time being. Recent Stock Performance 52-week high: $41.80 52-week low: $14.45 Price action over last quarter: Up 40.71% Company Overview Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in three business segments: Indu...
Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2021 second quarter ended December 31, 2020, with earnings per diluted share (EPS) of $0.23, compared with loss per diluted share (LPS) of $0.07 in the prior year quarter, and adjusted EPS of $0.16, compared with adjusted EPS of $0.17 in the prior year quarter.