The earnings call highlighted several positive developments, including significant defense contracts, cost savings, and growth in the Aerospace & Defense market. However, these are overshadowed by persistent market weaknesses, declining sales, tariff challenges, and lower operating margins, leading to a cautious outlook for fiscal '26.

Company Guidance -

Q1 2026

During the Kennametal Fourth Quarter and Fiscal 2025 Earnings Conference Call, the company provided guidance for fiscal 2026, projecting sales between $1.95 billion and $2.05 billion, with volume ranging from negative 5% to flat. They anticipate a combined 4% increase from pricing and tariff surcharge realization, alongside a 2% positive impact from foreign exchange. Adjusted EPS is expected to be between $0.90 and $1.30. The company plans to achieve approximately $35 million in annualized savings from restructuring, with a total of $125 million in savings targeted by fiscal 2027. Free operating cash flow is projected to be approximately 120% of adjusted net income, and capital expenditures are estimated at around $90 million. The guidance reflects ongoing market challenges, including weak global production volumes and supply chain disruptions, but also highlights growth opportunities in Aerospace & Defense and cost-saving initiatives.

Infrastructure Team Secures Major Award

During the fourth quarter, Kennametal's Infrastructure team secured a $25 million multi-year award with a U.S. defense customer.

Cost Reduction Achievements

Kennametal recognized $6 million in restructuring savings this quarter, achieving run rate savings of approximately $65 million inception to date, with expectations to reach $90 million by the end of fiscal '26.

Aerospace & Defense Market Growth

Aerospace & Defense experienced mid-single-digit growth in fiscal '25, and is expected to grow low double-digits in fiscal '26 due to higher OEM build rates and increased defense spending.

Positive Cash Flow and Shareholder Returns

Kennametal returned $122 million to shareholders through share repurchases of $60 million and dividends of $62 million.

Kennametal (KMT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

KMT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2026 (Q1)	0.24 / -	0.29	―	―	―
Aug 06, 2025	2025 (Q4)	0.39 / 0.34	0.49	-30.61% (-0.15)
May 07, 2025	2025 (Q3)	0.24 / 0.47	0.3	56.67% (+0.17)
Feb 05, 2025	2025 (Q2)	0.26 / 0.25	0.3	-16.67% (-0.05)
Nov 06, 2024	2025 (Q1)	0.26 / 0.29	0.41	-29.27% (-0.12)
Aug 07, 2024	2024 (Q4)	0.43 / 0.49	0.51	-3.92% (-0.02)
May 08, 2024	2024 (Q3)	0.30 / 0.30	0.39	-23.08% (-0.09)
Feb 07, 2024	2024 (Q2)	0.26 / 0.30	0.27	11.11% (+0.03)
Nov 01, 2023	2024 (Q1)	0.35 / 0.41	0.34	20.59% (+0.07)
Aug 01, 2023	2023 (Q4)	0.59 / 0.51	0.53	-3.77% (-0.02)

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
Aug 06, 2025	$24.88	$20.35	-18.21%
May 07, 2025	$19.44	$19.39	-0.26%
Feb 05, 2025	$22.81	$22.04	-3.38%
Nov 06, 2024	$25.67	$30.16	+17.49%

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 Nov 03, 2025, After Close (Confirmed).

What is Kennametal Inc. (KMT) earnings time?

Kennametal Inc. (KMT) earnings time is at Nov 03, 2025, 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 (Q1) is 0.24.

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