Kennametal Announces Fiscal 2021 Second Quarter Results

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Kennametal (KMT) Tops Q2 EPS by 14c, Revenues Beat

February 1, 2021 4:20 PM EST

Kennametal (NYSE: KMT) reported Q2 EPS of $0.23, $0.14 better than the analyst estimate of $0.09. Revenue for the quarter came in at $440.51 million versus the consensus estimate of $423.61 million.

"We experienced strong sequential sales growth in the quarter that outpaced our expectations, driven by improving demand mainly in the Transportation and General Engineering end-markets. These end-market trends coupled... More