PITTSBURGH (AP) _ Kennametal Inc. (KMT) on Monday reported fiscal third-quarter earnings of $21.6 million.

The Pittsburgh-based company said it had net income of 26 cents per share. Earnings, adjusted for one-time gains and costs, were 32 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The engineered products maker posted revenue of $484.7 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $471.2 million.

Kennametal shares have risen 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $40.98, a climb of 74% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KMT at https://www.zacks.com/ap/KMT

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