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Kennametal Inc (KMT.N)

KMT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kennametal Q1 Adjusted Earnings Per Share $0.70
Monday, 5 Nov 2018 04:15pm EST 

Nov 5 (Reuters) - Kennametal Inc ::KENNAMETAL ANNOUNCES STRONG FISCAL 2019 FIRST QUARTER RESULTS.Q1 SALES $587 MILLION VERSUS I/B/E/S VIEW $589.1 MILLION.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $2.90 TO $3.20.Q1 ADJUSTED EARNINGS PER SHARE $0.70.Q1 EARNINGS PER SHARE $0.68.Q1 EARNINGS PER SHARE VIEW $0.65 -- THOMSON REUTERS I/B/E/S.REAFFIRMS ITS PREVIOUS OUTLOOK FOR FISCAL YEAR 2019.FY2019 EARNINGS PER SHARE VIEW $3.15 -- THOMSON REUTERS I/B/E/S.  Full Article

Kennametal Inc reports Q1 earnings per share $0.48
Wednesday, 1 Nov 2017 05:13pm EDT 

Nov 1 (Reuters) - Kennametal Inc :Kennametal announces fiscal 2018 first quarter results.Q1 adjusted earnings per share $0.55.Q1 earnings per share $0.48.Q1 sales $542 million versus I/B/E/S view $516.8 million.Q1 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Sees fy 2018 adjusted earnings per share $2.30 to $2.60.Kennametal Inc - expects organic sales growth of 5 to 7 percent​ for full fiscal year.Fy2018 earnings per share view $2.21, revenue view $2.17 billion -- Thomson Reuters I/B/E/S.  Full Article

Kennametal Inc files for potential mixed shelf offering
Tuesday, 15 Aug 2017 06:11am EDT 

Aug 15 (Reuters) - Kennametal Inc :Kennametal Inc files for potential mixed shelf offering; size undisclosed - SEC filing.  Full Article

Kennametal Q4 adjusted earnings per share $0.56
Wednesday, 2 Aug 2017 04:45pm EDT 

Aug 2 (Reuters) - Kennametal Inc ::Kennametal announces fourth quarter and fiscal 2017 results; provides fiscal 2018 outlook.Q4 adjusted earnings per share $0.56.Q4 earnings per share $0.30.Q4 sales $565 million versus I/B/E/S view $562.2 million.Q4 earnings per share view $0.64 -- Thomson Reuters I/B/E/S.Sees fy 2018 adjusted earnings per share $2.00 to $2.30.Kennametal inc - ‍our capital expenditures are expected to be in range of $210 to $230 million for 2018​.Kennametal inc - ‍ expects 2018 adjusted eps between $2.00 and $2.30, on organic sales growth of 2 percent to 4 percent​.Kennametal inc - ‍on a combined basis, qtrly pre-tax restructuring and related charges $0.26 per share, primarily from severance and a facility closure​.Kennametal inc - ‍restructuring programs are currently expected to produce combined annual ongoing pre-tax permanent savings of $165-$180 million​.  Full Article

Kennametal board names Christopher Rossi CEO
Thursday, 29 Jun 2017 06:45am EDT 

June 29 (Reuters) - Kennametal Inc :Kennametal board names Christopher Rossi chief executive officer; De Feo appointed executive chairman.Kennametal Inc - Chris succeeds Ron De Feo.Kennametal Inc - Board of directors has appointed Christopher (Chris) Rossi as president and chief executive officer and has named him a director.  Full Article

Kennametal reports Q3 earnings per share $0.48
Tuesday, 25 Apr 2017 05:00pm EDT 

April 25 (Reuters) - Kennametal Inc :Kennametal announces fiscal 2017 third quarter results.Q3 adjusted earnings per share $0.60.Q3 earnings per share $0.48.Q3 sales $529 million versus I/B/E/S view $515.4 million.Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.50 to $1.60.Restructuring programs are currently expected to produce combined annual ongoing pre-tax permanent savings of $165-$180 million.Kennametal Inc - current period reported results included restructuring and related charges of $0.12 per share.Now expects FY free operating cash flow to be in range of $60 to $80 million, a decrease from previous outlook of $90 to $110 million.Expects 2017 free operating cash flow to be in range of $60 to $80 million.FY2017 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.  Full Article

Kennametal reports Q2 EPS $0.09
Wednesday, 1 Feb 2017 05:06pm EST 

Kennametal Inc - : Kennametal announces fiscal 2017 second quarter results . Q2 adjusted earnings per share $0.24 . Q2 earnings per share $0.09 . Q2 sales $488 million versus I/B/E/S view $488.4 million . Q2 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Sees fy 2017 adjusted earnings per share $1.20 to $1.50 . Qtrly reported results included restructuring and related charges of $0.13 per share and a discrete tax charge of $0.02 per share . Restructuring programs are currently expected to produce combined annual ongoing pre-tax permanent savings of $145-$160 million . Sees fy free operating cash flow to be in range of $90 to $110 million .Fy2017 earnings per share view $1.32 -- Thomson Reuters I/B/E/S.  Full Article