Aug. 7 at 5:51 PM
$KMT earnings miss — what went wrong? 🤔
Q4 EPS of 34 cents fell short of the Zacks Consensus Estimate of 40 cents, with a 30.6% YoY decline. Revenue also disappointed, missing the Zacks Consensus Estimate by
$11 million, driven by a 5% organic sales drop 📉.
Full breakdown here 👉 https://www.zacks.com/stock/news/2679552/kennametals-q4-earnings-miss-estimates-revenues-decline-yy?cid=sm-stocktwits-2-2679552-body-6764&ADID=SYND_STOCKTWITS_TWEET_2_2679552_BODY_6764