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Kennametal Inc. (KMT)
NYSE:KMT
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Earnings Data
Report Date
Feb 10, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.26Last Year’s EPS
$0.3Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -6.90%
|Next Earnings Date:Feb 10, 2025
Earnings Call Sentiment|Neutral
The earnings call presented both achievements and challenges. Strong growth in Aerospace & Defense and cash flow improvement were offset by declines in Metal Cutting sales and reduced EBITDA margins. Market challenges, particularly in EMEA and Americas, further contributed to a cautious outlook.Company Guidance
During Kennametal's Q1 fiscal 2025 earnings call, the company provided guidance indicating a challenging market environment with uneven conditions persisting from fiscal 2024. They reported a 2% year-over-year decrease in sales, with the Infrastructure segment showing a modest 1% organic increase and Metal Cutting down 4%. Geographically, Asia Pacific experienced a 2% increase in sales on a constant currency basis, while EMEA and the Americas saw declines of 1% and 2%, respectively. End markets showed mixed results, with Aerospace & Defense up by 13% and Energy by 2%, whereas Transportation, General Engineering, and Earthworks declined by 2%, 3%, and 6%, respectively. The company's adjusted EBITDA margin was 14.3%, down from 16.6% the previous year, and adjusted EPS dropped to $0.29 from $0.41. Despite the challenges, they delivered strong free cash flow of $21 million, a significant improvement from the previous year's negative $3 million, and continued their share repurchase program with $15 million worth of shares bought back. The company remains focused on driving above-market growth through innovative product launches and operational efficiency improvements.Strong Growth in Aerospace & Defense
Aerospace & Defense end market grew 13% year-over-year, driven by strategic initiatives in Metal Cutting and Infrastructure segments.
Infrastructure Segment Performance
Infrastructure segment saw a 1% organic sales growth with a notable 42% increase in Aerospace & Defense.
Positive Cash Flow Improvement
Free operating cash flow increased to $21 million from negative $3 million in the prior year, and cash from operating activities was $46 million, up from $26 million.
Successful Product Launches
Introduced new innovative products like PrimePoint longwall mining pick and TopSwiss micro machining solution, aimed at enhancing product offerings and driving above-market growth.
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KMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $26.40 | $31.02 | +17.50% |
| Aug 07, 2024 | $23.59 | $23.77 | +0.76% |
| May 08, 2024 | $24.01 | $24.78 | +3.21% |
| Feb 07, 2024 | $24.34 | $23.75 | -2.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kennametal Inc. (KMT) report earnings?
Kennametal Inc. (KMT) is schdueled to report earning on Feb 10, 2025, TBA Not Confirmed.
What is Kennametal Inc. (KMT) earnings time?
Kennametal Inc. (KMT) earnings time is at Feb 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KMT EPS forecast?
KMT EPS forecast for the fiscal quarter 2025 (Q2) is $0.26.
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