Earnings ·
Kennametal reports Q1 fiscal 2027 sales of $768M, up 54%, and declares a quarterly cash dividend of $0.20 per share
KMTKennametal Inc
Kennametal Inc. reported first-quarter fiscal 2027 results ending September 30, 2026, with sales reaching $768 million, a 54 percent increase from the prior year period. Operating income surged to $379 million, driven by favorable raw material pricing timing and stronger Metal Cutting volumes, resulting in record diluted earnings per share of $3.48. The company raised its full-year adjusted EPS outlook to between $5.00 and $6.00 while reiterating its sales guidance for the year. Additionally, the Board declared a quarterly cash dividend of $0.20 per share, payable on November 23, 2026, to shareholders of record as of November 9, 2026. Kennametal manufactures industrial tooling and wear-resistant solutions for aerospace, defense, and general engineering markets.