KMT's fiscal second-quarter 2025 revenues decrease 2.7% due to the lackluster performance of the Metal Cutting segment.
Kennametal Inc. (KMT) Q2 2025 Earnings Call Transcript
Although the revenue and EPS for Kennametal (KMT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Kennametal (KMT) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago.
KMT benefits from strength in the Infrastructure unit, diversified product portfolio and shareholder-friendly policies. However, softness in the Metal Cutting segment remains concerning.
KMT is set to benefit from strong momentum in the Infrastructure segment. The company's measures to reward its shareholders are also encouraging.
Kennametal (KMT) reported earnings 30 days ago. What's next for the stock?
KMT is set to benefit from strong momentum in the Infrastructure segment. However, increasing costs and expenses remain a concern.
Primary endpoint of pivotal phase 2 study met with statistical significance in using Revumenib for the treatment of relapsed/refractory mNPM1 AML patients; sNDA expected 1st half 2025. PDUFA action date of December 26th of 2024 deployed for FDA to decide if Revumenib should be approved for the treatment of relapsed/refractory KMT2Ar Acute leukemia patients. The global acute myeloid leukemia market is expected to reach $5.86 billion by 2030; About 10% of patients have KMT2Ar AML and then 30% have mNPM1 AML.
KMT's fiscal first-quarter 2025 revenues decrease 2% due to the lackluster performance of the Metal Cutting segment.
Kennametal Inc. (NYSE:KMT ) Q1 2025 Earnings Conference Call November 6, 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 Conference Call Participants Steven Fisher - UBS Julian Mitchell - Barclays Steve Barger - KeyBanc Capital Markets Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Chris Dankert - Loop Capital Markets Joe Ritchie - Goldman Sachs Operator Good morning. I would like to welcome everyone to Kennametal First Quarter and Fiscal 2025 Earnings Conference Call.
The headline numbers for Kennametal (KMT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.