Kennametal's stock surged 6.21% during pre-market trading on Wednesday, following the release of its fiscal second-quarter financial results.

The industrial technology company reported adjusted earnings per share of $0.47 for the quarter, significantly exceeding the analyst consensus estimate of $0.38. Quarterly sales reached $529.5 million, also beating expectations of $522.9 million. This represents a 10% year-over-year increase in sales and an 89% rise in adjusted EPS.

Investors reacted positively to the company's substantially upgraded full-year outlook. Kennametal raised its fiscal 2026 adjusted EPS guidance to a range of $2.05 to $2.45, up from its previous forecast of $1.35 to $1.65 and well above the FactSet consensus estimate of $1.66. The company also increased its annual revenue guidance, attributing the strong performance to increased volume driven by buy-ahead activity in response to the tungsten pricing environment and modest improvements in select end markets.