Kennametal — Fiscal 2027 Q1 Earnings Summary

Kennametal reported fiscal 2027 first-quarter sales of $768 million, representing a 54 percent increase from the prior year period, driven by favorable raw material pricing timing and stronger Metal Cutting volumes. The company achieved record operating income of $379 million and diluted earnings per share of $3.48, while reiterating its full-year sales outlook and raising its adjusted earnings per share guidance to between $5.00 and $6.00. Management confirmed a commitment to maintaining an adjusted EBITDA margin profile of 16 to 19 percent in a steady-state tungsten environment beyond fiscal 2027. Additionally, the Board declared a quarterly cash dividend of $0.20 per share, payable on November 23, 2026.