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Kennametal (KMT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended December 2024, Kennametal (KMT - Free Report) reported revenue of $482.05 million, down 2.7% over the same period last year. EPS came in at $0.25, compared to $0.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $483.66 million, representing a surprise of -0.33%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kennametal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Sales- Infrastructure: $184.27 million compared to the $182.92 million average estimate based on three analysts. The reported number represents a change of +0.2% year over year.
Total Sales- Metal Cutting: $297.79 million versus $301.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -4.4% change.
Operating Income (loss)- Corporate: -$0.53 million compared to the -$0.84 million average estimate based on three analysts.
Operating Income- Proforma- Infrastructure: $15.83 million versus $10.52 million estimated by three analysts on average.
Operating Income- Proforma- Metal Cutting: $17.79 million compared to the $25.45 million average estimate based on three analysts.
Shares of Kennametal have returned -2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Kennametal (KMT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, Kennametal (KMT - Free Report) reported revenue of $482.05 million, down 2.7% over the same period last year. EPS came in at $0.25, compared to $0.30 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $483.66 million, representing a surprise of -0.33%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kennametal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Sales- Infrastructure: $184.27 million compared to the $182.92 million average estimate based on three analysts. The reported number represents a change of +0.2% year over year.
- Total Sales- Metal Cutting: $297.79 million versus $301.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -4.4% change.
- Operating Income (loss)- Corporate: -$0.53 million compared to the -$0.84 million average estimate based on three analysts.
- Operating Income- Proforma- Infrastructure: $15.83 million versus $10.52 million estimated by three analysts on average.
- Operating Income- Proforma- Metal Cutting: $17.79 million compared to the $25.45 million average estimate based on three analysts.
View all Key Company Metrics for Kennametal here>>>Shares of Kennametal have returned -2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.