Kennametal Announces Fiscal 2020 Second Quarter Results

Go back to Kennametal Announces Fiscal 2020 Second Quarter Results

Kennametal (KMT) Misses Q2 EPS by 3c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

February 3, 2020 4:04 PM EST

Kennametal (NYSE: KMT) reported Q2 EPS of $0.17, $0.03 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $505 million versus the consensus estimate of $520.53 million.

"Our second quarter results reflect weakening end-market conditions, particularly from greater than expected deceleration in the U.S., Germany and India, combined... More