Kennametal (KMT) reported fiscal Q2 adjusted earnings Wednesday of $0.25 per diluted share, down from $0.30 a year earlier.

Analysts polled by FactSet expected $0.26.

Revenue for the quarter ended Dec. 31 was $482.1 million, compared with $495.3 million a year earlier.

Analysts surveyed by FactSet expected $487.6 million.

For fiscal Q3, the company expects adjusted EPS of $0.20 to $0.30 on sales of about $480 million to $500 million. Analysts surveyed by FactSet expect an adjusted EPS of $0.38 on sales of $517.6 million.

The company decreased its fiscal 2025 adjusted EPS guidance to be between $1.05 and $1.30 from the previous outlook of between $1.30 and $1.70. Analysts surveyed by FactSet expect $1.44.

Revenue guidance for the fiscal year is now between $1.95 billion and $2 billion from the prior outlook of between $2 billion and $2.1 billion. Analysts surveyed by FactSet expect $2.03 billion.