Can KMT maintain positive EPS surprises ahead?

Kennametal (KMT) is unlikely to maintain positive EPS surprises ahead, based on the current data and market conditions. Here's why:

1. Recent Performance: Kennametal's stock has experienced a decline of 3.63%, which indicates negative sentiment among investors. This decline suggests that the market may have concerns about the company's future earnings.
2. EPS Surprise: The most recent EPS surprise for Kennametal was -0.01, which is a negative surprise. A negative surprise indicates that the company's actual earnings were lower than what the market had expected, which can lead to further negative sentiment.

KMT EPS Surprise YoY, EPS Surprise

3. Market Conditions: The broader market conditions and industry trends are not currently supporting a positive outlook for Kennametal. Factors such as economic uncertainty, supply chain disruptions, and competitive pressures can impact a company's earnings and make it more challenging to achieve positive surprises.
4. Lack of Positive Indicators: There are no positive indicators or recent news articles suggesting that Kennametal is poised for a rebound in earnings. Without positive catalysts, it is difficult for the company to generate positive EPS surprises.

In conclusion, given the recent negative performance, the negative EPS surprise, and the lack of positive indicators, Kennametal is not currently positioned to maintain positive EPS surprises ahead. Investors should remain cautious and monitor the company's earnings closely for any signs of improvement or further declines.