Kennametal (KMT) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.41 per share a year ago.
Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
KMT gains from strength in aerospace, defense and transportation end markets. However, softness in the Infrastructure unit remains concerning.
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?
Kennametal (KMT) is poised to gain from strength across the aerospace & defense end markets. The company's measures to reward its shareholders are encouraging.
Kennametal's (KMT) fiscal fourth-quarter 2024 revenues decrease 1% due to the lackluster performance of the Metal Cutting segment.
Kennametal Inc. (NYSE:KMT ) Q4 2024 Earnings Conference Call August 7, 2024 9:30 AM ET Company Participants Michael Pici - Vice President of Investor Relations Sanjay Chowbey - President and Chief Executive Officer Pat Watson - Vice President and Chief Financial Officer Franklin Cardenas - Vice President and President of Infrastructure Conference Call Participants Grace Song - Morgan Stanley Joseph Ritchie - Goldman Sachs Julian Mitchell - Barclays Tami Zakaria - JPMorgan Steven Fisher - UBS Steve Barger - KeyBanc Capital Markets Michael Feniger - Bank of America Operator Good morning. I would like to welcome everyone to Kennametal Fourth Quarter and Fiscal 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Kennametal (KMT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kennametal (KMT) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.51 per share a year ago.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Lower volume in general engineering, energy and earthwork end markets, and increasing operating expenses are weighing on Kennametal (KMT). Unfavorable foreign currency movement is an added concern.
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.