Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
- Kennametal reported earnings of $0.30 per share, missing estimates by 3.23%. - Revenues for the quarter ended March 2024 were $515.79 million, missing estimates by 1.20%. - Kennametal shares have lost 4.8% YTD compared to S&P 500's 8.8% gain. - Company's Zacks Rank is #3 (Hold) with mixed estimate revisions trend. - Industry outlook can impact stock performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Kennametal reported earnings of $0.30 per share, missing estimates by 3.23%.
- Revenues for the quarter ended March 2024 were $515.79 million, missing estimates by 1.20%.
- Kennametal shares have lost 4.8% YTD compared to S&P 500's 8.8% gain.
- Company's Zacks Rank is #3 (Hold) with mixed estimate revisions trend.
- Industry outlook can impact stock performance.
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