Kennametal Inc reports results for the quarter ended March 31 - Earnings Summary

Kennametal

07/05/2025 14:32

Kennametal Inc KMT.N reported quarterly adjusted earnings of 47 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 30 cents.  The mean expectation of nine analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 20 cents to 27 cents per share.

Revenue fell 5.7% to $486.40 million from a year ago; analysts expected $490.42 million.

Kennametal Inc's reported EPS for the quarter was 41 cents​.

The company reported quarterly net income of $31.48 million.

Kennametal Inc shares had fallen by 6.9% this quarter and lost 17.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 29.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Kennametal Inc is $21.00

This summary was machine generated from LSEG data May 7 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.24
0.47
Beat
Dec. 31 2024
0.26
0.25
Missed
Sep. 30 2024
0.26
0.29
Beat
Jun. 30 2024
0.43
0.49
Beat