Kennametal reported a 54% increase in Q1 fiscal 2027 sales to $768 million and a record diluted EPS of $3.48, driven by favorable raw material pricing and strong metal cutting volumes. Operating income surged to $379 million, reflecting improved pricing and production efficiencies. The company reaffirmed its full-year sales outlook and raised its adjusted EPS forecast, expecting steady EBITDA margins of 16-19% beyond FY27 assuming stable tungsten prices. Despite strong earnings, free operating cash flow was negative due to increased working capital needs from higher tungsten prices. Kennametal also declared a quarterly dividend and expects continued growth from strategic initiatives in aerospace, defense, and energy sectors.
Kennametal's fiscal 2027 Q1 sales surged 54% to $768 million, with a record diluted EPS of $3.48, driven by strong metal cutting volumes and favorable raw material pricing. For readers following the Industrials sector, here is Pluang's market snapshot as of Nov 04, 2026 18:02 WIB: of 135 priced US Industrials stocks, 81 rose and 46 fell. Notable movers include CXW at USD 29.58 (-4.49%), RYAAY at USD 57.03 (+4.45%), and TRMD at USD 38.60 with 0% Sell / 100% Buy order activity and a typical hold time of 25 days.
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