Kennametal Inc is a global industrial technology company that specializes in manufacturing cutting tools, tooling systems, and materials used in metalworking, mining, and other industrial applications
The company focuses on providing advanced solutions that enhance productivity and efficiency for its customers across various sectors, including aerospace, automotive, energy, and general manufacturing. Kennametal is known for its innovation in materials science and engineering, delivering high-performance products that help businesses optimize their processes and reduce operational costs. Through a commitment to sustainability and technological advancement, Kennametal aims to drive growth and support the evolving needs of the industries it serves.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Fortive (NYSEFTV) and its peers.
Stocks in the $10-50 range offer a sweet spot between affordability and stability as they’re typically more established than penny stocks.
But their headline prices don’t guarantee quality, and investors should exercise caution as some have shaky business models.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the professional tools and equipment industry, including Lincoln Electric (NASDAQLECO) and its peers.
Looking back on professional tools and equipment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nordson (NASDAQNDSN) and its peers.
Hardware products and merchandising solutions provider Hillman (NASDAQHLMN)
will be announcing earnings results tomorrow before market open. Here’s what investors should know.
Welding equipment manufacturer Lincoln Electric (NASDAQLECO)
will be announcing earnings results tomorrow before market open. Here’s what you need to know.
Shares of industrial materials and tools company Kennametal (NYSEKMT)
fell 6.4% in the morning session after the company reported weak fourth-quarter results. Its full-year EPS guidance missed significantly, and its revenue guidance for the next quarter also fell short of Wall Street's estimates. Management attributed the weaker outlook to deteriorating market conditions, particularly in EMEA. Overall, this was a softer quarter.
Industrial materials and tools company Kennametal (NYSEKMT) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 2.7% year on year to $482.1 million. Next quarter’s revenue guidance of $490 million underwhelmed, coming in 5.4% below analysts’ estimates. Its non-GAAP profit of $0.25 per share was in line with analysts’ consensus estimates.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how professional tools and equipment stocks fared in Q3, starting with Fortive (NYSEFTV).
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Over the past six months, Kennametal’s stock price fell to $23.77. Shareholders have lost 7% of their capital, which is disappointing considering the S&P 500 has climbed by 10.4%. This may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Snap-on (NYSESNA) and its peers.
With an 86-year history in the metal cutting business, Pittsburgh, Pa.-based Kennametal Inc. (KMT) is just the kind of company you might expect to find in “Steel Town.”
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the professional tools and equipment industry, including Kennametal (NYSEKMT) and its peers.
