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Kennametal Inc (KMT.N)

KMT.N on New York Stock Exchange

36.57USD
18 Oct 2018
Change (% chg)

$-1.71 (-4.47%)
Prev Close
$38.28
Open
$37.76
Day's High
$37.92
Day's Low
$36.36
Volume
204,258
Avg. Vol
207,407
52-wk High
$52.50
52-wk Low
$34.40

Latest Key Developments (Source: Significant Developments)

Kennametal Q4 Adjusted Earnings Per Share $0.87
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Kennametal Inc ::KENNAMETAL ANNOUNCES STRONG FOURTH QUARTER AND FISCAL 2018 RESULTS; PROVIDES FISCAL 2019 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $0.87.Q4 EARNINGS PER SHARE $0.83.Q4 EARNINGS PER SHARE VIEW $0.80 -- THOMSON REUTERS I/B/E/S.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.90 TO $3.20.Q4 SALES $646 MILLION VERSUS I/B/E/S VIEW $631.7 MILLION.SETS QUARTERLY CASH DIVIDEND OF $0.20PER SHARE."TARIFFS NOT CURRENTLY EXPECTED TO HAVE A MATERIAL EFFECT ON OUR SALES PROJECTIONS OR COST STRUCTURE".SEES 2019 ORGANIC SALES GROWTH OUTLOOK TO BE IN RANGE OF 5 TO 8 PERCENT.SEES 2019 CAPITAL SPENDING OF $240 MILLION TO $260 MILLION.FISCAL 2019 FREE OPERATING CASH FLOW EXPECTATIONS OF $120 MILLION TO $140 MILLION.  Full Article

Kennametal Says Co, Unit Entered Unsecured $700 Mln Five-Year Fifth Amended And Restated Credit Agreement
Friday, 22 Jun 2018 

June 22 (Reuters) - Kennametal Inc ::KENNAMETAL INC - ON JUNE 21, CO,UNIT ENTERED INTO AN UNSECURED $700 MILLION FIVE-YEAR FIFTH AMENDED AND RESTATED CREDIT AGREEMENT.KENNAMETAL - AGREEMENT AMENDS, RESTATES AND REPLACES COMPANY'S FOURTH AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF APRIL 15, 2016 - SEC FILING.KENNAMETAL INC - BORROWING CAPACITY UNDER AGREEMENT MAY BE INCREASED BY AN AGGREGATE AMOUNT NOT TO EXCEED $300 MILLION AT COMPANY'S REQUEST.  Full Article

Kennametal Inc reports Q1 earnings per share $0.48
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Kennametal Inc :Kennametal announces fiscal 2018 first quarter results.Q1 adjusted earnings per share $0.55.Q1 earnings per share $0.48.Q1 sales $542 million versus I/B/E/S view $516.8 million.Q1 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Sees fy 2018 adjusted earnings per share $2.30 to $2.60.Kennametal Inc - expects organic sales growth of 5 to 7 percent​ for full fiscal year.Fy2018 earnings per share view $2.21, revenue view $2.17 billion -- Thomson Reuters I/B/E/S.  Full Article

Strong demand powers Sandvik second quarter, but inventory concerns weigh on shares

STOCKHOLM Swedish Sandvik , which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out.