New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 14, 2014
09:21 EDTKMTKennametal reports orders for three months end April up 13%, up 3% organically
Kennametal provided orders for the 3 months ended April 30. Consolidated orders were 13% higher year-over-year, which reflected acquisition growth related to the Tungsten Materials Business. On an organic basis, orders increased 3% from the prior year period. In April, Kennametalís order rates continued to reflect strength in industrial markets; however, there was weak demand in certain infrastructure markets, the company said.
News For KMT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 30, 2015
08:11 EDTKMTKennametal board increases quarterly dividend by 11%
Subscribe for More Information
08:10 EDTKMTKennametal sees FY16 EPS $1.70-$2.00, consensus $2.00
The FY16 EPS guidance includes foreign currency headwinds of 30c-35c due to continued strength of the U.S. dollar. Sees FY16 organic sales to decline 1%-3%. Sees FY16 revenue down 7%-9%, consensus $2.63B. Sees restructuring benefits to range from $80M-$90M in 2016. Sees FY16 to generate cash flow from operating activities $275M-$310M. Sees FY16 CapEx $160M-$175M. Sees FY16 free operating cash flow $115M-$135M.
08:08 EDTKMTKennametal: Restructuring programs to produce ongoing savings of $115M-$135M
The previously announced restructuring programs are expected to produce combined annual ongoing pre-tax permanent savings of $115M-$135M. In total, pre-tax charges for these initiatives are expected to be approximately $185M-$205M.
08:07 EDTKMTKennametal reports Q4 Industrial segment sales down 14% to $358M
Subscribe for More Information
08:07 EDTKMTKennametal reports Q4 organic sales down 10%
Subscribe for More Information
08:06 EDTKMTKennametal reports Q4 adjusted EPS 46c, consensus 44c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use