Kennametal Q1 sales rise 54% to $768 million; raises FY27 adjusted EPS outlook
Kennametal reported fiscal 2027 first quarter sales of $768 million, up 54 percent from a year earlier, with operating income of $379 million and diluted EPS of $3.48 versus $0.30. The company raised its full-year fiscal 2027 adjusted EPS outlook to $5.00 to $6.00 and reiterated its sales outlook of $3.33 to $3.45 billion, but year-to-date free operating cash flow was negative $212 million.
Key points
- Q1 sales of $768 million rose 54 percent, driven by higher Metal Cutting and Infrastructure volumes and raw material pricing timing.
- Q1 operating income was $379 million, a 49.4 percent margin, versus $38 million a year earlier.
- Full-year fiscal 2027 adjusted EPS outlook raised to $5.00 to $6.00; sales outlook reiterated at $3.33 to $3.45 billion.
- Year-to-date operating cash flow was negative $201 million, mainly due to higher inventory values from tungsten price increases.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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