Kennametal (NYSE:KMT) reported its Q1 earnings results on Monday, November 1, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Kennametal reported in-line EPS of $0.44 versus an estimate of $0.38, which surprised analysts.
Revenue was up $83,204,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13, which was followed by a 4.89% increase in the share price the next day.
Here’s a look at Kennametal’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.20 | 0.09 | 0.06 |
| EPS Actual | 0.53 | 0.32 | 0.16 | 0.03 |
| Revenue Estimate | 514.21M | 472.38M | 423.61M | 385.64M |
| Revenue Actual | 515.97M | 484.66M | 440.51M | 400.31M |
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