United States

Kennametal Inc (KMT.N)

KMT.N on New York Stock Exchange

2 Dec 2016
Change (% chg)

$-0.50 (-1.44%)
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Latest Key Developments (Source: Significant Developments)

Kennametal Inc declares quarterly cash dividend
Thursday, 29 Jan 2015 08:00am EST 

Kennametal Inc:Declared quarterly cash dividend of $0.18 per share.Dividend is payable Feb. 25 to shareholders of record as of close of business on Feb. 10.  Full Article

Kennametal Inc lowers FY 2015 guidance
Thursday, 29 Jan 2015 08:00am EST 

Kennametal Inc:Expects FY 2015 total sales to decline in the range of 6 pct. to 7 pct. and organic sales to decline in the range of 4 pct. to 5 pct.Previously, total sales growth was projected to be in the range of 2 pct. to 4 pct., with organic sales growth of 1 pct. to 3 pct.Based on revised forecast, Kennametal expects adjusted EPS for FY 2015 to range from $1.90 to $2.10, compared with previous range of $2.80 to $3.00.Primary driver for change in earnings relates to further reduction to Infrastructure segment sales, due to rapid decline in oil and gas markets, as well as continued weak demand from mining industry.Reported revenue of $2.837 bln in FY 2014.FY 2015 revenue of $2.912 bln and EPS of $2.70 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Kennametal Q1 adjusted earnings per share $0.11

* Q1 earnings per share view $0.14 -- Thomson Reuters I/B/E/S