廣告
香港股市 已收市

  • 恒指

    17,941.78
    -170.85 (-0.94%)
     

  • 國指

    6,374.66
    -47.15 (-0.73%)
     

  • 上證綜指

    3,032.63
    +3.71 (+0.12%)
     

  • 滬深300

    3,541.53
    +15.40 (+0.44%)
     

  • 美元

    7.8106
    +0.0007 (+0.01%)
     

  • 人民幣

    0.9284
    +0.0004 (+0.04%)
     

  • 道指

    38,589.16
    -57.94 (-0.15%)
     

  • 標普 500

    5,431.60
    -2.14 (-0.04%)
     

  • 納指

    17,688.88
    +21.32 (+0.12%)
     

  • 日圓

    0.0494
    -0.0001 (-0.22%)
     

  • 歐元

    8.3555
    -0.0313 (-0.37%)
     

  • 英鎊

    9.9060
    -0.0600 (-0.60%)
     

  • 紐約期油

    78.49
    -0.13 (-0.17%)
     

  • 金價

    2,348.40
    +30.40 (+1.31%)
     

  • Bitcoin

    66,245.45
    +232.23 (+0.35%)
     

  • CMC Crypto 200

    1,406.43
    -11.44 (-0.81%)
     

Kennametal (KMT) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Equity Research
·2 分鐘文章

For the quarter ended March 2024, Kennametal (KMT) reported revenue of $515.79 million, down 3.8% over the same period last year. EPS came in at $0.30, compared to $0.39 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $522.04 million, representing a surprise of -1.20%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $0.31.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

廣告

Here is how Kennametal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Total Sales- Infrastructure: $189.23 million versus $196.44 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.

  • Total Sales- Metal Cutting: $326.56 million compared to the $325.75 million average estimate based on three analysts. The reported number represents a change of -2.1% year over year.

  • Operating Income (loss)- Corporate: -$0.72 million versus the three-analyst average estimate of -$0.76 million.

  • Operating Income (loss)- Metal Cutting: $30.81 million compared to the $36.44 million average estimate based on two analysts.

  • Operating Income (loss)- Infrastructure: $5.14 million versus the two-analyst average estimate of $6.14 million.

View all Key Company Metrics for Kennametal here>>>

Shares of Kennametal have returned -0.2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Kennametal Inc. (KMT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research