Kennametal delivered a robust first quarter with $768 million in sales and record EPS of $3.48, prompting the company to raise its full-year adjusted earnings guidance while reiterating its annual sales targets.
Kennametal reported fiscal 2027 first-quarter sales of $768 million, up 54 percent, operating income of $379 million and record first-quarter EPS of $3.48. It also reiterated its FY27 sales outlook while raising FY27 adjusted EPS guidance, a positive combination for the stock. The main caveat is that the sales outlook was only reiterated, not raised.
Sales were $768 million, up 54 percent, operating income was $379 million and EPS was $3.48.
Kennametal reiterated its FY27 sales outlook and raised its FY27 adjusted EPS guidance.
Kennametal posted strong fiscal 2027 first-quarter results, highlighted by a 54 percent surge in sales to $768 million and record earnings per share of $3.48. The company maintained its full-year sales outlook while upwardly revising its adjusted EPS guidance, signaling confidence in operational efficiency despite a steady revenue forecast.
Kennametal reported sales of $768 million, a 54 percent increase, with operating income of $379 million and record earnings per diluted share of $3.48.
The company reiterated its full-year sales outlook while raising its guidance for adjusted earnings per share.