Kennametal (KMT) tops Q1 EPS by 5c, reaffirms previous outlook

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Go back to Kennametal (KMT) tops Q1 EPS by 5c, reaffirms previous outlook

Kennametal Announces Strong Fiscal 2019 First Quarter Results

November 5, 2018 4:15 PM EST

PITTSBURGH, Nov. 5, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2019 first quarter ended September 30, 2018, with EPS of $0.68, compared with $0.48 in the prior year quarter, and adjusted EPS of $0.70, compared with $0.55 in the prior year quarter. Reported EPS in the current quarter includes a charge related to U.S. tax reform of $0.01 and restructuring and related charges of $0.01, and for the prior year quarter includes restructuring and related charges of $0.07.

"We delivered strong first quarter results. The continued progress on our strategic initiatives of growth and... More