Kennametal (KMT) Misses Q2 EPS by 2c

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Kennametal Announces Fiscal 2022 Second Quarter Results

February 7, 2022 4:01 PM EST

PITTSBURGH, Feb. 7, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2022 second quarter ended December 31, 2021, with earnings per diluted share (EPS) of $0.37, compared with $0.23 in the prior year quarter, and adjusted EPS of $0.35, compared with adjusted EPS of $0.16 in the prior year quarter.

"We posted strong results again this quarter, reflected in both operating leverage and free operating cash flow. As expected, we delivered year-over-year and sequential growth in all our end markets, with the exception of Transportation where supply chain issues continue to challenge... More