secwatch.observer — SEC 8-K summary
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Issuer:     KENNAMETAL INC (KMT)
CIK:        0000055242
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0000055242-23-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennametal Q3 sales up 5% YoY, raises FY2023 adjusted EPS and sales outlook
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- EPS $0.39 (GAAP) vs $0.42 prior year; revenue $536M +5% YoY, organic +8%.
- Metal Cutting op income $44M (13.1% margin) vs $30M; Infrastructure $10M (4.8%) vs $24M.
- Raised FY2023 adjusted EPS guidance to $1.50-$1.70, sales to $2.07-$2.1B.
- YTD net cash from operations $126M (+36% YoY); FOCF $60M (+78% YoY).
- Declared $0.20 quarterly dividend; repurchased $7M shares during quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55242/000005524223000018/0000055242-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55242/000005524223000018/kmt-20230501.htm
  HTML page:      https://secwatch.observer/filing/0000055242-23-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer