Kennametal Inc. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was USD 512.26 million compared to USD 484.66 million a year ago. Net income was USD 35.3 million compared to USD 21.62 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.26 a year ago.
For the nine months, sales was USD 1,482.44 million compared to USD 1,325.47 million a year ago. Net income was USD 102.91 million compared to USD 19.33 million a year ago. Basic earnings per share from continuing operations was USD 1.23 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 1.22 compared to USD 0.23 a year ago.