Kennametal (KMT) Tops Q2 EPS by 3c, Reaffirms fiscal 2019 Outlook

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Kennametal Announces Fiscal 2019 Second Quarter Results

February 4, 2019 4:30 PM EST

PITTSBURGH, Feb. 4, 2019 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2019 second quarter ended December 31, 2018, with EPS of $0.66, compared with $0.50 in the prior year quarter, and adjusted EPS of $0.71, compared with $0.52 in the prior year quarter.

"In the second quarter of fiscal 2019 we delivered strong earnings per share results, margin improvement year-over-year and the eighth consecutive quarter of sales growth," said President and Chief Executive Officer, Chris Rossi. "These results reflect our continued transformation of Kennametal and the ongoing monetization of our growth and... More