Kennametal (KMT) Tops Q3 EPS by 6c, Revenues Beat
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Kennametal Announces Fiscal 2021 Third Quarter Results
May 3, 2021 4:01 PM EDTPITTSBURGH, May 3, 2021 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2021 third quarter ended March 31, 2021, with earnings per diluted share (EPS) of $0.26, compared with $0.03 in the prior year quarter, and adjusted EPS of $0.32, compared with $0.46 in the prior year quarter.
"I am encouraged by our results, which reflect solid execution of our initiatives as well as improving sales and free operating cash flow. Sales increased 10 percent sequentially, exceeding expectations, with improvement across all end-markets and regions and a return to growth on a year-over-year basis in Transportation,... More
