Kennametal announces fiscal 2023 third quarter results

Sales of $536 million increased 5 percent year-over-year, driven by 8 percent organic growth earnings per diluted share (eps) of $0.39 returned approximately $23 million to shareholders; $7 million in share repurchases and $16 million in dividends strong cash from operations and focf; up 36 percent and 78 percent, respectively, year-over-year raising full year sales and eps outlook pittsburgh , may 1, 2023 /prnewswire/ -- kennametal inc. (nyse: kmt) (the "company") today reported results for its fiscal 2023 third quarter ended march 31, 2023, with earnings per diluted share (eps) of $0.39, compared with $0.42 in the prior year quarter. eps was not adjusted in the current quarter, whereas adjusted eps was $0.47 in the prior year quarter.
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