Kennametal (NYSE: KMT) has set the date for the release of its first quarter financial results on Wednesday 6th November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.26 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $484.07 million for this particular period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.41. This figure was a result of the company's total revenue, which reached an impressive $492.48 million during that specific period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $2.04 billion. They also believe the company will reach about profit of $1.43 per share for the fiscal year.
The business has scheduled a conference call on 6th November 2024 at 09:30 AM eastern time to discuss Q1 financial results.
Throughout Friday's trading, Kennametal (KMT) shares fluctuated between $25.14 and $25.60, with a trading volume of 1.20 million shares. The stock ended the regular trading session at $25.52, reflecting an advance of 0.79 percent.
