Kennametal Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]
Kennametal Inc. (KMT)
Last kennametal inc. earnings: 2/3 04:01 pm
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US:NYSE Investor Relations:
kennametal.gcs-web.com/investor-overview
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Source: Yahoo! Finance
Revenues were US$495m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$0.29 were also better than expected, beating analyst predictions by 15%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. See our latest analysis for Kennametal Taking into account the latest results, Kennametal's eight analysts currently expect revenues in 2024 to be US$2.05b, approximately in line with the last 12 months. Statutory earnings per share are expected to reduce 2.2% to US$1.50 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$2.09b and earnings per share (EPS) of US$1.73 in 2024. The analysts seem to have b
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KMT
News
- Kennametal Inc. (NYSE: KMT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Kennametal (NYSE:KMT) Has Some Difficulty Using Its Capital Effectively [Yahoo! Finance]Yahoo! Finance
- Kennametal to Attend BofA Securities Transportation, Airlines and Industrial Conference 2024PR Newswire
- Kennametal to Host Earnings Conference Call & Webcast on Third Quarter Fiscal 2024 ResultsPR Newswire
- What Makes Kennametal (KMT) an Investment Opportunity? [Yahoo! Finance]Yahoo! Finance
KMT
Earnings
- 2/7/24 - Beat
KMT
Sec Filings
- 5/3/24 - Form 8-K
- 3/14/24 - Form 8-K
- 3/8/24 - Form 4
- KMT's page on the SEC website