Kennametal (KMT) Tops Q3 EPS by 5c

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Go back to Kennametal (KMT) Tops Q3 EPS by 5c

Kennametal Announces Fiscal 2022 Third Quarter Results

May 2, 2022 4:05 PM EDT

Sales of $512 million increased 6 percent year-over-year; 8 percent on an organic basisEarnings per diluted share (EPS) of $0.42 and adjusted EPS of $0.47Strong operating leverage drove significant improvement in operating marginRepurchased $15 million of common stock in the quarter; $50 million year-to-date

PITTSBURGH, May 2, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2022 third quarter ended March 31, 2022, with earnings per diluted share (EPS) of $0.42, compared with $0.26 in the prior year quarter, and... More