Asia FX muted, dollar fragile as CPI data boosts Sept rate cut bets
Investing.com - Kennametal reported on Monday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Kennametal announced earnings per share of $0.34 on revenue of $494.8M. Analysts polled by Investing.com EPS of $0.39 on revenue of $488.48M.
Kennametal 's are down 32.41% and is trading at $24.27 , still down 40.40% from its 52 week high of $40.72 set on Tuesday, November 16, 2021.
Kennametal follows other major Industrials sector earnings this month
Kennametal's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar