Kennametal (KMT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $2.96
- Estimate
- $2.31
- Surprise
- +28.4%
- Score at report (before → after)
- 6.5 → 6.6/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Kennametal (KMT) beat the $2.31 estimate with diluted EPS of $2.96 — a large 28.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.5/10) to Hold at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates KMT Buy (Wait) at 6.7/10.
4 of the last 4 quarters beat the estimate; this quarter's +28.4% surprise compares with a +28.0% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Concentration risk — Geographic: non-U.S. markets (57.0%)
- Analyst target reached - limited upside remaining
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $30.85
- Entry target
- $29.19
- Price target
- $31.61
- Stop
- $27.24
- Upside to target
- +2.5%
Forward estimates sit below the trailing run-rate (11.9× forward vs 6.7× trailing) — consensus expects earnings to decline from here.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
KMT at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Tools & Accessories
- Market cap
- $2.24B
- P/E (fwd)
- 11.9
- P/E (ttm)
- 6.7
- 52-week range
- $20.35–$43.81
- Off 52-week high
- 29.6%
- RSI (14)
- 43
- Volume vs avg
- 0.69×
- Score today
- 6.7/10