09:10 AM EDT, 05/07/2025 (MT Newswires) -- Kennametal ( KMT ) reported fiscal Q3 adjusted earnings Wednesday of $0.47 per diluted share, up from $0.30 a year earlier.
Analysts polled by FactSet expected $0.24.
Sales for the quarter ended March 31 were $486.4 million, down from $515.8 million a year earlier.
Analysts surveyed by FactSet expected $489.3 million.
The company said it now expects fiscal 2025 adjusted EPS of $1.30 to $1.45, compared with its prior guidance of between $1.05 and $1.30. Analysts polled by FactSet expect $1.13.
Sales for the fiscal year are now expected to be $1.97 billion to $1.99 billion, compared with previous expectations of between $1.95 billion and $2 billion. Analysts surveyed by FactSet expect $1.97 billion.
Shares of the company were up 7% in recent Wednesday premarket activity.