Kennametal (KMT) Tops Q3 EPS by 14c; Withdraws Outlook

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Go back to Kennametal (KMT) Tops Q3 EPS by 14c; Withdraws Outlook

Kennametal Announces Fiscal 2020 Third Quarter Results

May 4, 2020 4:01 PM EDT

PITTSBURGH, May 4, 2020 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2020 third quarter ended March 31, 2020, with earnings per diluted share (EPS) of $0.03, compared with EPS of $0.82 in the prior year quarter, and adjusted EPS of $0.46, compared with adjusted EPS of $0.77 in the prior year quarter.

"Despite the many headwinds we faced in the third quarter, we delivered solid results that were strengthened by our early cost-control actions and the continued benefits of our simplification/modernization investments," said President and CEO Christopher Rossi. "Kennametal is... More