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Kennametal's Fiscal Q3 Adjusted Earnings Rise, Sales Fall
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Kennametal's Fiscal Q3 Adjusted Earnings Rise, Sales Fall
May 26, 2025 2:47 AM

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.

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