Kennametal Announces Fiscal Second Quarter 2016 Results, Completes Sale Of Non-Core Businesses

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Go back to Kennametal Announces Fiscal Second Quarter 2016 Results, Completes Sale Of Non-Core Businesses

Longbow Research Upgrades Kennametal (KMT) to Neutral

February 4, 2016 6:48 AM EST

Longbow Research upgraded Kennametal (NYSE: KMT) from Underperform to Neutral.

For an analyst ratings summary and ratings history on Kennametal click here. For more ratings news on Kennametal click here.

Shares of Kennametal closed at $17.53 yesterday.

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Kennametal (KMT) Tops Q2 EPS by 2c

February 3, 2016 6:35 AM EST

Kennametal (NYSE: KMT) reported Q2 EPS of $0.14, $0.02 better than the analyst estimate of $0.12. Revenue for the quarter came in at $524 million versus the consensus estimate of $502.04 million.

GUIDANCE:

Kennametal sees FY2016 EPS of $0.85-$1.05, versus the consensus of $0.81. Company now expects total organic... More