Pivotal-Point Tracking Kennametal (KMT): Q1/2026 Earnings Forecast Exceeded by 48% – Carbide Specialist Achieves First Organic Growth in 2 Years!
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Kennametal caught attention on November 5 with its results for Q1 2026. The world’s leading manufacturer of carbide tools, technical components, and materials for metalworking and infrastructure reported an adjusted earnings per share of $0.34, significantly exceeding the analysts’ forecast of $0.23. Revenue amounted to $498 million, a 3% increase compared to the previous year. The significant earnings surprise and the first organic growth in 2 years led to a 14% increase in share price. The company's strength lies in its highly specialized...
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