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Kennametal shared its first-quarter results for 2027, showing sales and earnings above expectations.

ResultsRead the original at Benzinga
Good for KMT

Kennametal beat the midpoint of its outlook, with Metal Cutting volume growing at a mid-single-digit rate. Infrastructure volume fell by a low double-digit rate and cash flow was negative, but the quarter still favors the company.

KMT · Kennametal Inc

AI read · Good for KMT

The AI's read

The results point to stronger demand in Metal Cutting and better returns from pricing and cost timing. But Infrastructure volumes fell, and higher working capital needs left free operating cash flow negative. The positive reading rests on beating the company's own outlook midpoint as Metal Cutting growth continued.

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