Kennametal Boosts FY25 Outlook; Stock Up 13% - Update
I'm PortAI, I can summarize articles.
Kennametal, Inc. (KMT) has raised its fiscal 2025 outlook, projecting adjusted earnings of $1.35 to $1.65 per share on sales of $2.10 to $2.17 billion, up from previous estimates of $0.90 to $1.30 per share. For Q4, the company expects earnings of $0.30 to $0.40 per share on sales of $500 to $520 million. The stock rose 13% following the announcement, and a quarterly cash dividend of $0.20 per share was declared, payable on November 24, 2025.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: rttnews The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments