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Kennametal Inc (KMT.N)

KMT.N on New York Stock Exchange

35.40USD
16 Jan 2019
Change (% chg)

$0.32 (+0.91%)
Prev Close
$35.08
Open
$35.06
Day's High
$36.01
Day's Low
$35.06
Volume
94,847
Avg. Vol
217,481
52-wk High
$52.50
52-wk Low
$30.33

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

UPDATE 1-Sandvik rides order intake rise, sees stable automotive demand

STOCKHOLM, Oct 23 Sweden's Sandvik said on Tuesday order intake had improved significantly and broadly with stable activity also seen in an automotive industry hit by recent wobbles as it posted quarterly core earnings just ahead of forecast.