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Kennametal Inc. (KMT) Q2 2024 Earning Call Transcript

The headline numbers for Kennametal (KMT) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Kennametal (KMT) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.27 per share a year ago.

Besides Wall Street's top -and-bottom-line estimates for Kennametal (KMT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Kennametal (KMT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PITTSBURGH , Jan. 17, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2024 earnings call on Wednesday, February 7. The press release and presentation will be available on the Company's website before market on February 7.

Strength in the Metal Cutting segment and innovation capabilities bode well for Kennametal (KMT). The company's measures to reward its shareholders are encouraging.

Phillips 66 is a leading oil and gas refining and marketing stock with assets located throughout the United States. Operational execution and solid revenue growth should drive earnings improvements at Kennametal.

Kennametal (KMT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Kennametal (KMT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.34 per share a year ago.