---
schema_version: "secwatch.filing_event.v1"
accession: "0000055242-24-000021"
form_type: "8-K"
ticker: "KMT"
cik: "0000055242"
company_name: "KENNAMETAL INC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:30:14.767582+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kennametal Q3 EPS $0.24 (adj. $0.30); sales down 4%; lowers FY2024 outlook

## Summary
- Sales $516M, down 4% YoY; EPS $0.24 vs $0.39; adjusted EPS $0.30.
- Operating margin 6.8% (8.1% adj.) vs 9.8% prior; YTD free cash flow $84M vs $60M.
- Lowers FY2024 guidance: sales now $2.03-$2.05B, adjusted EPS $1.40-$1.55.
- CEO Christopher Rossi to leave end of May; Sanjay Chowbey to succeed.
- Quarterly dividend $0.20/share declared, payable May 28; $31M returned to shareholders.

## SEC filing metadata
- accession: 0000055242-24-000021
- form_type: 8-K
- ticker: KMT
- cik: 0000055242
- company_name: KENNAMETAL INC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55242/000005524224000021/0000055242-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55242/000005524224000021/kmt-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000055242-24-000021
- JSON: https://secwatch.observer/filing/0000055242-24-000021.json
- Plain text: https://secwatch.observer/filing/0000055242-24-000021.txt

## Key facts
- Earnings Releases
  KENNAMETAL INC reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $516 million, EPS $0.24. Guidance reaffirmed.
  - Period: fiscal 2024 third quarter ended March 31, 2024
  - Revenue: $516 million
  - EPS: $0.24
  - Guidance: reaffirmed
  - Result: reported results
  source text: Kennametal Inc. (NYSE: KMT) (the "Company") today reported results for its fiscal 2024 third quarter ended March 31, 2024, with sales of $516 million, compared to $536 million in the prior year quarter, and earnings per diluted share (EPS) of $0.24, compared with $0.39 in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/55242/000005524224000021/0000055242-24-000021-index.htm

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