NYSE$KMT

Kennametal Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Kennametal's financial performance decreased due to softer market conditions and increased expenses, while cash flow from operations improved.

Kennametal reported a decrease in sales and earnings per share for the first quarter of fiscal year 2025. Sales decreased by 2% to $482 million, and EPS decreased to $0.28. However, the company saw strong cash flow from operations, and returned approximately $31 million to shareholders through share repurchases and dividends.

  • Sales decreased by 2% year-over-year to $482 million due to softer market conditions.
  • EPS decreased to $0.28, with adjusted EPS at $0.29.
  • Operating income decreased to $36 million, or 7.5% margin.
  • Cash flow from operations improved to $46 million, and free operating cash flow was $21 million.

Headline financials

Total Revenue

$482M

Previous: $492M-2.1%
EPS

$0.28

Previous: $0.41-31.7%
Capital Expenditures

-$24.7M

Previous: -$31.8M+22.2%
Free Cash Flow

-$2.63M

Previous: -$1.74M-50.7%
Net Income

$22.1M

Previous: $30.1M-26.4%
Operating Income

$36M

Previous: $45.1M-20.1%
Gross Profit

$151M

Previous: $163M-7.3%
Cash & Equivalents

$120M

Previous: $95.1M+25.8%
Total Assets

$2.52B

Previous: $2.51B+0.4%
Stock-Based Comp

$7.94M

Previous: $8.7M-8.7%

Revenue & EPS history

Kennametal · Revenue · Quarterly

$482M

Q1 2025-2.1%vs Q1 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

The Company’s expectations for the second quarter of fiscal 2025 and the full year are as follows:

Tailwinds

  • Sales expected to be $480 - $500 million
  • Foreign exchange anticipated to be neutral compared to the second quarter of fiscal 2024
  • Adjusted EPS is expected to be $0.20 - $0.30
  • Sales expected to be $2.0 - $2.1 billion for the full year
  • Adjusted EPS is expected to be $1.30 - $1.70 for the full year

Headwinds

  • Adjusted ETR is expected to be approximately 27.5 percent
  • At the midpoint, improved operating performance offset by higher ETR and currency headwinds
  • Pricing actions expected to cover raw material costs, wages and general inflation
  • Interest expense is expected to be approximately $27 million
  • Capital spending expected to be approximately $110 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+0.8%

Avg return

30 days after

58%

39 / 67 earnings

Positive

+18.4%

Q3 2026

Best reaction

-10.8%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+18.4%-1.2%-13.1%
Q2 2026+7.2%+13.8%+4.0%
Q1 2026+13.9%+22.4%+26.0%
Q3 2025+0.1%+10.6%+10.6%
Q2 2025-3.4%-5.6%-4.4%
Q1 2025+10.4%+13.2%+2.6%
Q4 2024+3.8%+1.4%+1.3%
Q3 2024+6.0%+5.0%-0.1%
Q2 2024-5.2%-0.8%+1.8%
Q1 2024+1.0%-0.4%+4.5%
Q4 2023-5.6%-9.8%-13.2%
Q3 2023+5.3%+3.7%-4.0%
Q2 2023-3.8%-6.0%-2.9%
Q1 2023-5.5%-7.8%+0.3%
Q4 2022-1.4%-2.3%-12.7%
Q3 2022+3.2%+1.3%+7.5%
Q2 2022-2.2%-3.3%-11.3%
Q1 2022+0.3%-3.0%-12.2%
Q4 2021+4.7%+0.7%+2.7%
Q3 2021+2.8%+4.1%-6.0%
Q2 2021-5.4%-5.6%+1.9%
Q1 2021-6.3%-3.7%+14.8%
Q4 2020-3.5%+8.6%+14.5%
Q3 2020+3.0%+4.5%+23.7%
Q2 2020-5.4%-5.1%-9.7%
Q1 2020+2.5%+3.9%+6.7%
Q4 2019-6.5%-10.4%-13.4%
Q3 2019-5.7%-12.4%-19.6%
Q2 2019-0.4%-3.9%-4.5%
Q1 2019+1.0%+2.2%+2.3%
Q4 2018+8.0%+2.2%+8.4%
Q3 2018+0.1%+5.9%+1.3%
Q2 2018-4.3%-7.7%-15.9%
Q1 2018+8.6%+5.1%+6.7%
Q4 2017-5.4%-2.0%-5.2%
Q3 2017+7.8%+5.7%-1.7%
Q2 2017+2.7%+5.8%+6.4%
Q1 2017-4.5%-3.9%+22.9%
Q4 2016+4.8%+10.5%+11.1%
Q3 2016+1.7%
Q2 2016+11.2%
Q1 2016-3.8%
Q4 2015-3.0%
Q3 2015+7.8%
Q2 2015+1.4%
Q1 2015-7.4%
Q4 2014-4.8%
Q3 2014+2.9%
Q2 2014-9.1%
Q1 2014+1.3%
Q4 2013+2.7%
Q3 2013+2.9%
Q2 2013-3.5%
Q1 2013-6.6%
Q4 2012+12.6%
Q3 2012-7.8%
Q2 2012-0.8%
Q1 2012-10.8%
Q4 2009+9.8%
Q4 2011+9.8%
Q3 2011+4.1%
Q3 2010+4.1%
Q2 2011-0.8%
Q2 2010+1.1%
Q1 2011+1.1%
Q1 2010+1.1%
Q4 2010+1.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro