Kennametal (KMT) Tops Q2 EPS by 5c, Guides

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Kennametal Announces Fiscal 2023 Second Quarter Results

February 6, 2023 4:05 PM EST

Sales of $497 million increased 2 percent year-over-year, driven by 11 percent organic growthSales growth driven by pricing actions and end market resiliency, especially in the Americas and EMEAUS dollar strength and inflation remain significant headwindsEarnings per diluted share (EPS) of $0.27Returned approximately $27 million to shareholders; $11 million in share repurchases and $16 million in dividends

PITTSBURGH, Feb. 6, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2023 second quarter ended... More