Kennametal Inc. (KMT)
NYSE:KMT
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
1.8Last Year’s EPS
0.34Same Quarter Last Year
Moderate Sell
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance: strong top-line growth, margin expansion, consecutive quarters of organic growth, share gains in key end markets and an upward revision to guidance driven by price realization and volume. However, material near-term negatives include significant working capital and cash flow strain driven by unprecedented tungsten price volatility, some regional/market softness (EMEA, transportation), higher inflationary and compensation pressures, and a temporary pause/delay in repurchases and some restructuring actions. Management characterizes many negatives as temporary or manageable while emphasizing vertical-integration advantages and a focus on growth.Company Guidance
Revenue Growth and Outlook Raise
Reported sales up 22% year-over-year (organic +19%, FX +5%); company raised FY '26 sales outlook to $2.33B–$2.35B and raised adjusted EPS guidance to $3.75–$4.00 driven by additional pricing and volume.
Improved Profitability and Margins
Adjusted EPS improved to $0.77 in Q3 vs $0.47 prior year; adjusted EBITDA margin increased to 20.8% (from 17.9% prior year) and adjusted operating margin to 13.8% (from 10.3% prior year).
Segment Strength and Share Gains
Infrastructure organic sales +30% and Metal Cutting organic sales +12%; notable end-market gains include Earthworks +43%, Energy +28% and Aerospace & Defense +23% on a constant-currency basis; company cites share gains in earthworks and aerospace/defense.
Price Realization from Tungsten Dynamics
Company captured significant price realization due to tungsten cost increases and implemented pricing actions; Q4 net price and tariff surcharges expected ~35% YoY and FY '26 includes ~$2.45 of price-raw timing benefit to EPS.
Operational Wins and Strategic Initiatives
Large defense orders received, momentum in AI-related power generation (data center/energy) wins, continued progress on targeted promotional campaigns and digital improvements for small/medium customers; company prioritizing above-market growth.
Cost Takeout Target Raised
Targeting approximately $110 million in savings from cost takeout actions by end of FY '27 (noted as $10M above prior Investor Day target); restructuring and continuous improvement expected to contribute additional savings into FY '27.
Strong Regional Performance
On a constant-currency basis, Americas sales +27% and Asia Pacific sales +25%; EMEA lagged (+2%), but overall geographic growth was robust.
KMT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KMT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $37.51 | $43.27 | +15.36% |
Feb 04, 2026 | $35.58 | $38.16 | +7.24% |
Nov 05, 2025 | $21.83 | $24.95 | +14.29% |
Aug 06, 2025 | $24.57 | $20.09 | -18.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kennametal Inc. (KMT) report earnings?
Kennametal Inc. (KMT) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Kennametal Inc. (KMT) earnings time?
Kennametal Inc. (KMT) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KMT EPS forecast?
KMT EPS forecast for the fiscal quarter 2026 (Q4) is 1.8.