Kennametal (NYSE:KMT) reported its Q2 earnings results on Monday, February 7, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Kennametal missed estimated earnings by 7.89%, reporting an EPS of $0.35 versus an estimate of $0.38.
Revenue was up $46.17 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 3.2% drop in the share price the next day.
Here's a look at Kennametal's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.40 | 0.20 | 0.09 |
| EPS Actual | 0.44 | 0.53 | 0.32 | 0.16 |
| Revenue Estimate | 487.19M | 514.21M | 472.38M | 423.61M |
| Revenue Actual | 483.51M | 515.97M | 484.66M | 440.51M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
