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Kennametal Inc. Q2 adjusted earnings Miss Estimates

Below are the earnings highlights for Kennametal Inc. (KMT):

-Earnings: -$5.94 million in Q2 vs. $54.70 million in the same period last year.
-EPS: -$0.07 in Q2 vs. $0.66 in the same period last year.
-Excluding items, Kennametal Inc. reported adjusted earnings of $13.99 million or $0.17 per share for the period.
-Analysts projected $0.20 per share
-Revenue: $505.08 million in Q2 vs. $587.39 million in the same period last year.

-Guidance:
Full year EPS guidance: $1.20 - $1.50

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