Kennametal 4th-quarter net profit slips
NEW YORK, July 24 (Reuters) - Kennametal Inc (KMT.N: Quote, Profile, Research, Stock Buzz), a maker of industrial tools and specialty metals, reported slightly lower quarterly net profit, reflecting restructuring charges.
Earnings slipped to $59.6 million, or 77 cents per share, compared with $62.1 million, or 79 cents per share, a year earlier.
Stripping out charges, adjusted earnings per share were 85 cents.
(Reporting by Nick Zieminski, editing by Dave Zimmerman)
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