Kennametal IncRecord Q4 earnings and strong fiscal 2027 guidance

Kennametal reported fourth-quarter fiscal 2026 results with organic sales growth of 42%, marking the fourth consecutive quarter of organic sales growth. Adjusted earnings per share reached a record $2.96, up from $0.34 in the prior-year period, driven by strong price realization and volume improvements. For the full fiscal year, organic sales increased 19% and adjusted EPS rose to $4.57 from $1.34. The company provided a fiscal 2027 outlook with sales expected between $3.33 billion and $3.45 billion and adjusted EPS in the range of $4.15 to $5.15. Free operating cash flow was negative $79 million for fiscal 2026, but the company expects free operating cash flow to turn positive in the second half of fiscal 2027.
Kennametal IncRecord Q4 earnings and strong fiscal 2027 guidance