Wells Fargo Upgrades Kennametal (KMT) to Outperform; Analyst Sees Value

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Kennametal, Inc. (KMT) Tops Q3 EPS by 2c; Lowers FY14 EPS Midpoint

May 1, 2014 8:51 AM EDT

Kennametal, Inc. (NYSE: KMT) reported Q3 EPS of $0.74, $0.02 better than the analyst estimate of $0.72. Revenue for the quarter came in at $755 million versus the consensus estimate of $754.74 million.

Kennametal, Inc. sees FY2014 EPS of $2.60-$2.70, versus prior guidance of $2.6-$2.75 and the consensus of... More