Kennametal: Overview of Fiscal Second Quarter Earnings

Kennametal Reports Second Quarter Financial Results

Kennametal Inc., headquartered in Pittsburgh, announced a net income of $33.9 million for its fiscal second quarter.

The company reported earnings of $0.44 per share, with adjusted earnings—excluding certain one-time items—coming in at $0.47 per share.

During this period, Kennametal generated $529.5 million in revenue.

Outlook for Upcoming Quarters

• For the quarter ending in March, the company anticipates earnings per share between $0.50 and $0.60.
• Projected revenue for the fiscal third quarter is expected to fall between $545 million and $565 million.
• For the full fiscal year, Kennametal forecasts earnings per share in the range of $2.05 to $2.45, with total revenue estimated between $2.19 billion and $2.25 billion.

This article was produced by Automated Insights using data provided by Zacks Investment Research.