Kennametal reported a decrease in sales and earnings per share for the first quarter of fiscal year 2025. Sales decreased by 2% to $482 million, and EPS decreased to $0.28. However, the company saw strong cash flow from operations, and returned approximately $31 million to shareholders through share repurchases and dividends.
Sales decreased by 2% year-over-year to $482 million due to softer market conditions.
EPS decreased to $0.28, with adjusted EPS at $0.29.
Operating income decreased to $36 million, or 7.5% margin.
Cash flow from operations improved to $46 million, and free operating cash flow was $21 million.
The Company’s expectations for the second quarter of fiscal 2025 and the full year are as follows:
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance