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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- Kennametal Inc. reported Q3 FY 2024 adjusted earnings of 30 cents per share, missing estimates. - Revenues were $515.8 million, down 3.8% year over year, missing estimates. - Metal Cutting segment's revenue was $326.6 million, down 2.1% year over year. - Kennametal anticipates sales in FY 2024 to be between $2.03-$2.05 billion. - Kennametal announced a quarterly cash dividend of 20 cents per share. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Kennametal Inc. reported Q3 FY 2024 adjusted earnings of 30 cents per share, missing estimates.
- Revenues were $515.8 million, down 3.8% year over year, missing estimates.
- Metal Cutting segment's revenue was $326.6 million, down 2.1% year over year.
- Kennametal anticipates sales in FY 2024 to be between $2.03-$2.05 billion.
- Kennametal announced a quarterly cash dividend of 20 cents per share.
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