Why Did Kennametal Plunge 18.54%? Earnings Drop 40.43%

On August 6, 2025, Kennametal's stock experienced a significant drop of 18.54% in pre-market trading, reflecting a challenging quarter for the company.

Kennametal reported a decline in earnings for the fourth quarter of 2025, with earnings per share (EPS) dropping to $0.28 from $0.47 in the previous year. This decrease in earnings was accompanied by a slight reduction in revenue, which fell to $516.448 million from $543.308 million in the prior year. The company's performance was further highlighted by its achievement of $65 million in annuities, indicating some stability in its financial operations despite the overall decline.

The company's financial results for the fourth quarter of 2025 were marked by a significant decrease in earnings per share (EPS), which fell to $0.28 from $0.47 in the previous year. This decline in EPS was a key factor contributing to the stock's pre-market drop, as investors reacted to the company's underperformance relative to expectations. The company's revenue also saw a slight decrease, falling to $516.448 million from $543.308 million in the prior year, further underscoring the challenges faced by Kennametal in the current market environment.