Kennametal's Q1 FY2025 Earnings: A Sneak Peek

Kennametal Inc. (NYSE: KMT) has announced that it will host an earnings conference call and webcast for the first quarter of fiscal year 2025 on Wednesday, November 6, 2024, at 9:30 am ET. The event will provide insights into the company's financial performance and strategic initiatives.


Kennametal, a leading industrial technology company, delivers productivity to customers through materials science, tooling, and wear-resistant solutions. With over 85 years of experience, the company serves various industries, including aerospace and defense, earthworks, energy, general engineering, and transportation. Kennametal generated $2 billion in revenues in fiscal 2024.


In the fourth quarter of fiscal 2024, Kennametal reported earnings per diluted share (EPS) of $0.47, compared to $0.45 in the prior year quarter. Adjusted EPS was $0.49, compared to $0.51 in the prior year quarter. For fiscal 2024, the company reported EPS of $1.37 and adjusted EPS of $1.50.

Operating income margin for the quarter was 11.3%, compared to 10.2% in the same quarter last year. The increase was primarily due to lower raw material costs, restructuring savings, and pricing. Adjusted operating income margin was 11.5%, compared to 11.4% in the prior year quarter.

Kennametal's cash flow from operations for the year was $277 million, the highest as a percent of sales in over 25 years. The company returned $129 million to shareholders in fiscal 2024, with $65.4 million in share repurchases and $63.4 million in dividends.


For the first quarter of fiscal 2025, Kennametal expects sales to be in the range of $480 million to $500 million. For the full year, the company expects sales to be between $2.0 billion and $2.1 billion.

The upcoming earnings call will provide valuable insights into Kennametal's financial performance, strategic initiatives, and future outlook. Investors and stakeholders are encouraged to tune in to the conference call and webcast to stay informed about the company's progress.