Discover innovative tooling solutions, machining demonstrations, giveaways and more at the Kennametal boothPITTSBURGH, July 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it will be an exhibitor at the 2024 International Manufacturing Technology Show (IMTS), at McCormick Place in Chicago, September 9-14, 2024. The Company's Metal Mania booth is inspired by Kennametal's nationwide tooling truck and trailer and is designed to emulate a concert experience while simultaneously connect ...

Kennametal Inc. (KMT) has failed to impress investors with its recent operational performance due to weakness across its segments and rising operating expenses. Also, given Kennametal’s extensive international presence, foreign currency headwind adds to the uncertainty.Based in Latrobe, PA, Kennametal is a manufacturer, marketer and distributor of high-speed metal cutting tools, tooling systems and wear-resistant parts. The company’s products are used by manufacturers and suppliers in oil and gas exploratio ...

PITTSBURGH, June 11, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) ("the Company") announced today that it has resumed operations at its facility in Rogers, AR, following a previous shutdown due to damage from a tornado on May 26. "The restart of our Rogers facility is a testament to the great teamwork of our local team and the tremendous support and coordination of expert resources across the entire organization," said Sanjay Chowbey, President and CEO of Kennametal Inc. "Our team worked around the cloc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended: March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from _______ to _______ Commission file number 1-5318 KENNAMETAL INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0900168 (State ...

Kennametal Inc. (KMT) reported third-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 30 cents per share, which missed the Zacks Consensus Estimate of 31 cents. The bottom line decreased 23.1% from the year-ago figure. Revenue Details Kennametal’s revenues were $515.8 million, which decreased 3.8% from the year-ago quarter’s figure. Organic sales declined 2% year over year. Business days had a negative impact of 1%. Currency exchange negatively affected sales by 1%. KMT’s revenues missed the Za ...

PITTSBURGH, May 9, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the KeyBanc 2024 Industrials and Basic Materials Conference in Boston. Details of the conference are as follows: When: May 29, 2024 Attendees: Patrick Watson, Vice President and Chief Financial Officer Franklin Cardenas, Vice President Kennametal Inc., President Infrastructure Michael Pici, Vice President, Investor Relations About Kennametal With over 80 years as an industrial technology leader, Kenname ...

财务数据和关键指标变化 - 第三季度销售额同比下降4%,其中有机销售下降2%,不利工作日影响1%,汇率不利影响1% [11] - 调整后EBITDA率下降150个基点,主要受到销售和产量下降、工资和通胀上升、汇率不利影响以及基础设施分部定价与原材料成本时间差的影响 [14] - 金属切削分部调整后营业利润率下降230个基点,主要受到销售和产量下降、工资和通胀上升以及上年度房地产出售收益的影响 [15] - 基础设施分部调整后营业利润率下降1100个基点,主要受到销售量下降、工资和通胀上升以及定价与原材料成本时间差的影响 [15] - 调整后每股收益下降至0.30美元,上年同期为0.39美元 [16] - 年初至今自由经营现金流增加至84百万美元,上年同期为60百万美元,主要受益于营运资金改善 [16][32] 各条业务线数据和关键指标变化 - 金属切削分部销售额同比下降2%,有机销售持平,汇率不利影响1%,工作日不利影响1% [25] - 基础设施分部销售额同比下降7%,有机销售下降5%,汇率和工作日不利影响各1% [28] - 金属切削分部调整后营业利润率为10.8%,同比下降230个基点,主要受到销售和产量下降、工资和通胀上升以及上年度房地产出售收益的影响 [27] - 基础设施分部调整后营业利润率为3.8%,同比下降1100个基点,主要受到销售量下降、工资和通胀上升以及定价与原材料成本时间差的影响 [30] 各个市场数据和关键指标变化 - 按地区来看,EMEA地区销售持平,美洲和亚太地区各下降1% [25][28] - 按终端市场来看,航空航天与国防增长10%,运输业持平,通用工程下降2%,地下工程下降5%,能源下降14% [12][13][26][29] 公司战略和发展方向以及行业竞争 - 公司通过简化和现代化,精简了组织架构,提高了销售效率、客户服务水平、提高了工厂效率,并推动了新产品的开发 [38] - 公司正在执行商业卓越、运营卓越和资本配置平衡的三大优先事项 [42] - 公司认为长期驱动市场增长的大趋势仍然存在,将继续专注于可控的因素,提高利润率并在经济周期中获得市场份额 [36] 管理层对经营环境和未来前景的评论 - 第四季度销售额和每股收益预期范围收窄,销售额预期为20.3-20.5亿美元,调整后每股收益预期为1.40-1.55美元 [34] - 自由经营现金流预期将超过调整后净收益的125%,高于之前预期的100% [35] - 管理层认为,尽管短期内宏观环境仍是一个挑战,但长期推动市场增长的全球大趋势仍然存在 [36] 问答环节重要的提问和回答 问题1 **Julian Mitchell 提问** 询问基础设施分部定价与原材料成本时间差的影响,以及未来几个季度的预期 [56][57][58] **Pat Watson 回答** 公司对钨价格的可见性约2个季度,第四季度该时间差影响将消除,未来几个季度该因素将趋于稳定 [57][58] 问题2 **Tami Zakaria 提问** 询问第四季度工作日情况以及对航空航天业务的中长期展望 [63][64][65][68][69] **Christopher Rossi 回答** 第四季度工作日略有增加,航空航天业务长期需求依然强劲,短期受制于供应链和质量问题的影响 [64][65][68][69] 问题3 **Steve Barger 提问** 询问新产品创新对公司增长和利润率的影响 [71][72][73][74][75][76][77][78] **Christopher Rossi 回答** 新产品创新是公司获取市场份额的重要手段,但不会直接带来利润率的大幅提升,主要通过提高竞争力和获取高端应用市场来提升利润 [72][73][74][77][78]

For the quarter ended March 2024, Kennametal (KMT) reported revenue of $515.79 million, down 3.8% over the same period last year. EPS came in at $0.30, compared to $0.39 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $522.04 million, representing a surprise of -1.20%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $0.31. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Kennametal (KMT) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this engineered products maker would post earnings of $0.25 per share when it actually produced earnings of $0.30, delivering a surprise of 20%. Over the last four quarters, ...

Exhibit 99.1 FOR IMMEDIATE RELEASE: DATE: May 8, 2024 Investor Relations Media Relations CONTACT: Michael Pici CONTACT: Lori Lecker PHONE: 412-790-0792 PHONE: 412-248-8224 michael.pici@kennametal.com lori.lecker@kennametal.com Kennametal Announces Fiscal 2024 Third Quarter Results • Strong YTD cash from operations of $163 million compared to $126 million in the prior year • Earnings per diluted share (EPS) of $0.24 and adjusted EPS of $0.30 • Returned approximately $31 million to shareholders; $15 million i ...