Benzinga | Nov 2, 2020 04:20PM EST

Kennametal Q1 EPS $0.03 Misses $0.06 Estimate, Sales $400.00M Beat $385.64M Estimate

Kennametal (NYSE:KMT) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.06 by 50 percent. This is a 82.35 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $400.00 million which beat the analyst consensus estimate of $385.64 million by 3.72 percent. This is a 22.79 percent decrease over sales of $518.09 million the same period last year.