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KennametalNYSE: KMT

Profile

Country:

United States

IPO:

01 January 1943

Next earnings report:

07 February 2025

Last dividends:

12 November 2024

Next dividends:

N/A
$2.17 B
-34%vs. 3y high
59%vs. sector
-26%vs. 3y high
44%vs. sector
-31%vs. 3y high
42%vs. sector
-37%vs. 3y high
40%vs. sector

Price

after hours | Tue, 19 Nov 2024 23:25:40 GMT
$27.97-$0.23(-0.82%)
$481.95 M$488.31 M
$481.95 M$22.12 M

Analysts recommendations

Institutional Ownership

KMT Latest News

Syndax Announces FDA Approval of Revuforj® (revumenib), the First and Only Menin Inhibitor to Treat Adult and Pediatric Patients with Relapsed or Refractory Acute Leukemia with a KMT2A Translocation
prnewswire.com15 November 2024 Sentiment: POSITIVE

– Approval based on positive data from the AUGMENT-101 clinical trial, in which Revuforj delivered robust and durable rates of remission in R/R acute leukemia patients with a KMT2A translocation – – Syndax to host conference call today at 6:00 p.m. ET – WALTHAM, Mass.

Kennametal Named Among Top of Caterpillar Inc's 2024 Indirect Suppliers
prnewswire.com13 November 2024 Sentiment: POSITIVE

PITTSBURGH , Nov. 13, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is proud to announce that it has been recognized as one of Caterpillar Inc's top indirect suppliers in 2024. This prestigious recognition reflects Kennametal's continued dedication to delivering innovative solutions, productivity improvements and outstanding customer and applications engineering support.

Syndax: Fall On NPM1m AML Data Of Revumenib Creates Buy Opportunity
seekingalpha.com12 November 2024 Sentiment: POSITIVE

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.

Kennametal to Attend UBS Global Industrials and Transportation Conference
prnewswire.com12 November 2024 Sentiment: POSITIVE

PITTSBURGH , Nov. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the UBS Global Industrials and Transportation Conference in Manalapan, Florida. Details of the conference are as follows:             When:      Tuesday, December 3, 2024             Attendees: Patrick Watson, Vice President and Chief Financial Officer Michael Pici, Vice President, Investor Relations About Kennametal With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions.

Kennametal's Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
zacks.com07 November 2024 Sentiment: NEUTRAL

KMT's fiscal first-quarter 2025 revenues decrease 2% due to the lackluster performance of the Metal Cutting segment.

Kennametal (KMT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
zacks.com06 November 2024 Sentiment: POSITIVE

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.

Kennametal (KMT) Surpasses Q1 Earnings and Revenue Estimates
zacks.com06 November 2024 Sentiment: POSITIVE

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 Announces Fiscal 2025 First Quarter Results
prnewswire.com06 November 2024 Sentiment: POSITIVE

Strong cash from operations of $46 million compared to $26 million in the prior year; free operating cash flow of $21 million compared to negative $3 million in the prior year Earnings per diluted share (EPS) of $0.28 and adjusted EPS of $0.29 Returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividends PITTSBURGH , Nov. 6, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2025 first quarter ended September 30, 2024, with sales of $482 million compared to $492 million in the prior year quarter, and earnings per diluted share (EPS) of $0.28 compared to $0.37 in the prior year quarter. The current quarter pre-tax results include a net benefit of $4 million, consisting of insurance proceeds offset by additional costs, related to the tornado that struck the Company's Rogers, Arkansas facility late in fiscal 2024, as well as certain tax-related items amounting to a benefit of approximately $3 million.

Kennametal Expands Legacy Portfolio with Three New Turning Products
prnewswire.com25 October 2024 Sentiment: POSITIVE

One New Offering Specific to Small Parts Machining & Medical Applications  PITTSBURGH , Oct. 25, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) is expanding its turning portfolio with the introduction of new inserts and cutting tools that significantly broadens its machining capabilities in the small parts and medical machining space. The three new products –TopSwiss™ Turning Inserts and Micro Boring Solid (MBS) tooling, and KCU25B Turning Inserts – are designed to improve output, enhance component quality, reduce errors and help customers achieve accurate and clean results.

Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2025 Results
prnewswire.com16 October 2024 Sentiment: POSITIVE

PITTSBURGH , Oct. 16, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE:  KMT) will host its first quarter fiscal year 2025 earnings call on Wednesday, November 6.  The press release and presentation will be available on the Company's website before market on November 6.

What type of business is Kennametal?

Kennametal Inc. is a leader in the production of metal cutting tools for customers in the aerospace, energy, mining, and transportation industries. The company was founded in 1938 and is headquartered in Pittsburgh, Pennsylvania. The Industrial segment develops and manufactures high-performance tools and products for metal cutting and services for various end markets, including aerospace and defense industries, general engineering, energy, and transportation. The Widia segment offers a range of standard and non-standard metal cutting solutions to customers in the engineering, aerospace, energy, and transportation sectors. The Infrastructure segment produces components made of tungsten carbide and ceramics, earthmoving tools, and metallurgical powders for end markets in energy, earthworks, and general engineering.

What sector is Kennametal in?

Kennametal is in the Industrials sector

What industry is Kennametal in?

Kennametal is in the Tools & Accessories industry

What country is Kennametal from?

Kennametal is headquartered in United States

When did Kennametal go public?

Kennametal initial public offering (IPO) was on 01 January 1943

What is Kennametal website?

https://www.kennametal.com

Is Kennametal in the S&P 500?

No, Kennametal is not included in the S&P 500 index

Is Kennametal in the NASDAQ 100?

No, Kennametal is not included in the NASDAQ 100 index

Is Kennametal in the Dow Jones?

No, Kennametal is not included in the Dow Jones index

When was Kennametal the previous earnings report?

No data

When does Kennametal earnings report?

The next expected earnings date for Kennametal is 07 February 2025