---
schema_version: "secwatch.filing_event.v1"
accession: "0000055242-23-000047"
form_type: "8-K"
ticker: "KMT"
cik: "0000055242"
company_name: "KENNAMETAL INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:29:52.846951+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kennametal Q1 EPS $0.37 beats prior year; sales flat at $492M; guides FY adj EPS $1.75-$2.15

## Summary
- EPS $0.37 vs $0.34 YoY; adjusted EPS $0.41.
- Sales $492M flat vs $495M; organic growth flat; China weaker than expected.
- Metal Cutting sales +3% to $308M, op margin 10.4%; Infrastructure sales -5% to $184M, op margin 7.4%.
- Operating cash flow $26M vs -$11M; returned $30M via dividends ($0.20/share) and $14M buybacks.
- Q2 adj EPS guidance $0.20-$0.30; FY adj EPS $1.75-$2.15; sales $2.1-$2.2B; cost savings target $20M run-rate by FY end.

## SEC filing metadata
- accession: 0000055242-23-000047
- form_type: 8-K
- ticker: KMT
- cik: 0000055242
- company_name: KENNAMETAL INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55242/000005524223000047/0000055242-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55242/000005524223000047/kmt-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055242-23-000047
- JSON: https://secwatch.observer/filing/0000055242-23-000047.json
- Plain text: https://secwatch.observer/filing/0000055242-23-000047.txt

## Key facts
- Earnings Releases
  KENNAMETAL INC reported fiscal 2024 first quarter ended September 30, 2023 results: revenue $492 million, EPS $0.37. Guidance reaffirmed.
  - Period: fiscal 2024 first quarter ended September 30, 2023
  - Revenue: $492 million
  - EPS: $0.37
  - Guidance: reaffirmed
  - Result: reported results
  source text: Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2024 first quarter ended September 30, 2023, with sales of $492 million, compared to $495 million in the prior year quarter, and earnings per diluted share (EPS) of $0.37, compared with $0.34 in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524223000047/0000055242-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.