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. reports news on its industrial technology business in metal cutting, materials science, tooling and wear-resistant solutions. The company serves manufacturing and industrial end markets including aerospace and defense, earthworks, energy, general engineering and transportation, with updates often centered on demand trends, volume, currency effects, portfolio actions and tungsten-related supply and pricing conditions.
Recurring Kennametal announcements include quarterly earnings releases, outlook updates, dividend declarations, investor conference participation and customer-focused programs for machinists and manufacturing users. News also reflects the company's global commercial footprint and its focus on precision manufacturing, engineered components and productivity-oriented tooling solutions.
Kennametal (NYSE: KMT) will participate in Baird's 2020 Global Industrial Virtual Conference on November 10, 2020. Key attendees include Chris Rossi, President and CEO; Damon Audia, CFO; and Kelly Boyer, VP of Investor Relations. With over 80 years in industrial technology, Kennametal focuses on materials science and productivity solutions. The company achieved nearly $1.9 billion in revenue in fiscal 2020, serving customers in various sectors worldwide.
Kennametal (NYSE: KMT) will host its first quarter fiscal year 2021 earnings call on November 3, 2020, at 8 a.m. ET. The earnings release and presentation will be available on the company's website after market close on November 2, 2020. The call will be hosted by Chris Rossi, President and CEO, and Damon Audia, Vice President and CFO.
Kennametal aims to provide insights into its financial performance and strategic direction. The company generated nearly $1.9 billion in revenues in fiscal 2020, showcasing its industrial technology leadership.
Kennametal (NYSE: KMT) will participate in the Morgan Stanley Virtual 8th Annual Laguna Conference on September 16, 2020. Attending the conference are Damon Audia, Vice President and CFO, and Kelly Boyer, Vice President of Investor Relations. With over 80 years in industrial technology, Kennametal generates nearly $1.9 billion in annual revenues, serving industries such as aerospace and energy with innovative solutions. For more information, visit www.kennametal.com.
Kennametal (NYSE: KMT) announced its participation in the Jefferies Virtual Industrials Conference on August 6, 2020. Key attendees include Chris Rossi, President and CEO, Damon Audia, CFO, and Kelly Boyer, VP of Investor Relations. With over 80 years of experience, Kennametal specializes in industrial technology, providing solutions across various sectors such as aerospace and transportation. In fiscal 2020, the company reported nearly $1.9 billion in revenues, supporting approximately 9,000 employees in over 60 countries.
Kennametal (NYSE: KMT) reported a challenging fourth quarter and fiscal 2020, with a loss per share of $0.11 compared to an EPS of $0.74 a year prior. Adjusted EPS was $0.15, down from $0.84. Fiscal 2020 saw a 21% sales decline to $1.885 billion, driven by COVID-19 impacts. The company plans to focus on operational efficiency and has accelerated restructuring, expecting annualized benefits of $65 million to $75 million. Capital spending for FY21 is projected between $110 million and $130 million. A quarterly dividend of $0.20 per share was declared, payable on August 25, 2020.
Kennametal (NYSE: KMT) is set to host its fourth quarter fiscal year 2020 earnings call on August 4, 2020, at 8 a.m. ET. The press release and presentation will be available on its website post-market close on August 3, 2020. The CEO Chris Rossi and CFO Damon Audia will lead the call, which will be accessible for live streaming on Kennametal's website. The company generated almost $2.4 billion in revenues in fiscal 2019, serving various sectors such as aerospace and energy.