Welcome to our dedicated page for Kennametal news (Ticker: KMT), a resource for investors and traders seeking the latest updates and insights on Kennametal stock.
Kennametal Inc. (NYSE: KMT) is an industrial technology company in machine tool manufacturing that regularly issues news on its operations, financial performance and strategic initiatives. The company describes its focus as delivering productivity through materials science, tooling and wear-resistant solutions for customers in aerospace and defense, earthworks, energy, general engineering and transportation.
This news page aggregates press releases and third-party coverage related to Kennametal. Readers can find updates on quarterly and annual earnings, including segment sales for Metal Cutting and Infrastructure, operating income trends, restructuring savings and geographic sales data. Kennametal frequently announces the timing of its earnings conference calls and webcasts, along with presentations and materials made available to investors.
In addition to financial results, Kennametal’s news includes information about collaborations and technology integrations. For example, the company has announced an integration of Kennametal tooling data with Hexagon’s cloud-based Tool Library and WORKNC CAM software, supporting digital tooling data, realistic 3D models and smart assemblies for thousands of tools. Such releases illustrate how Kennametal connects its tooling expertise with digital manufacturing workflows.
Investors and industry followers will also see announcements about Kennametal’s participation in major industrials and materials conferences hosted by firms such as Goldman Sachs, UBS, Morgan Stanley and Jefferies. Other items include recognition from key customers, such as being named among Caterpillar’s top indirect suppliers, and Board or governance updates disclosed through Form 8-K filings.
By reviewing the KMT news feed on this page, users can monitor how Kennametal communicates its financial performance, cost structure initiatives, portfolio optimization actions, capital allocation decisions and technology partnerships over time.
Kennametal (NYSE: KMT) will participate in the Morgan Stanley Virtual Annual Laguna Conference on September 14, 2021. The event will feature key representatives including Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology with over 80 years of experience, reported approximately $1.8 billion in revenues for fiscal 2021, serving customers in over 60 countries. For more information, visit www.kennametal.com.
Kennametal (NYSE: KMT) announced its virtual participation in the Seaport Research Partners Annual Summer Investor Conference on August 25, 2021. The event will feature key attendees including Damon Audia, Vice President and CFO, and Ryan Mills, Manager of Investor Relations. With over 80 years of experience, Kennametal generated approximately $1.8 billion in revenues in fiscal 2021, providing advanced materials and tooling solutions across various industries, helping customers maintain efficiency and precision.
Kennametal Inc. (KMT) reported strong fourth quarter results for fiscal 2021, achieving an EPS of $0.41, up from a loss of $0.11 a year prior. Adjusted EPS rose to $0.53 compared to $0.15. For the full fiscal year, EPS was $0.65 versus a loss last year. Sales increased by 36% year-over-year to $516 million, with significant growth in General Engineering and Aerospace sectors. The company also initiated a $200 million share repurchase program, showcasing confidence in future growth. Operating income improved to $61 million, reflecting successful implementation of cost-saving measures.
Kennametal (NYSE: KMT) will participate virtually in the Jefferies Industrial Conference on August 4, 2021. The event features key executives including Chris Rossi, President and CEO; Damon Audia, Vice President and CFO; and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology, generated nearly $1.9 billion in revenues in fiscal 2020 and employs about 9,000 people across more than 60 countries. The conference presents an opportunity for Kennametal to engage with investors and industry stakeholders.
Kennametal (NYSE: KMT) will hold its fourth quarter FY2021 earnings call on August 3, 2021, at 8 a.m. ET. The earnings release will be available on its website after market close on August 2, 2021.
The call will be hosted by Chris Rossi, President and CEO, and Damon Audia, Vice President and CFO. Interested parties can access the webcast via Kennametal's website.
With over 80 years in the industry, Kennametal generated nearly $1.9 billion in revenues in fiscal 2020, providing solutions across various sectors.
Summary not available.
Kennametal (NYSE: KMT) will participate in the KeyBanc Industrials & Basic Materials Conference on June 2, 2021. Key executives attending the virtual event include Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. Kennametal, a leader in industrial technology, reported nearly $1.9 billion in revenues in fiscal 2020 and employs approximately 9,000 people across more than 60 countries, delivering solutions in materials science and tooling.
Kennametal Inc. (NYSE: KMT) has appointed Sanjay Chowbey as President of Metal Cutting, effective June 14, 2021. Chowbey brings over 20 years of experience from companies like Flowserve and Danaher, enhancing the firm's strategic initiatives in Metal Cutting. Christopher Rossi, President and CEO, highlighted Chowbey's expertise in sales, marketing, and operations as vital for transforming the Metal Cutting segment and improving financial performance. Kennametal generated nearly $1.9 billion in revenues in fiscal 2020, serving clients in over 60 countries.
Kennametal (NYSE: KMT) will participate in the Goldman Sachs Industrials & Materials Conference on May 12, 2021. Key representatives include Damon Audia, VP and CFO, and Kelly Boyer, VP of Investor Relations. This event underscores Kennametal's commitment to engaging with investors and stakeholders. The company, a leader in industrial technology for over 80 years, reported nearly $1.9 billion in fiscal 2020 revenues and supports industries like aerospace and energy.
Kennametal Inc. (NYSE: KMT) reported fiscal 2021 Q3 results, achieving an EPS of $0.26, compared to $0.03 last year, though adjusted EPS fell to $0.32 from $0.46. Sales rose 10% sequentially to $485 million, with improvements noted across various sectors, despite ongoing supply chain challenges. Adjusted operating margins increased by 330 basis points. The company anticipates mid-single-digit sales growth for Q4 and ongoing cost-saving progress, expecting to reach $180 million in annualized savings from modernization efforts.