Kennametal (NYSE: KMT) is expected to report Q2 earnings around Jan. 24. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Kennametal's revenues will grow 0.4% and EPS will decrease -28.6%.

The average estimate for revenue is $644.3 million. On the bottom line, the average EPS estimate is $0.65.

Revenue details
 Last quarter, Kennametal reported revenue of $629.5 million. GAAP reported sales were 4.5% lower than the prior-year quarter's $658.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.56. GAAP EPS of $0.57 for Q1 were 35% lower than the prior-year quarter's $0.88 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 33.1%, 500 basis points worse than the prior-year quarter. Operating margin was 10.2%, 520 basis points worse than the prior-year quarter. Net margin was 7.4%, 350 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.80 billion. The average EPS estimate is $3.36.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 303 members out of 315 rating the stock outperform, and 12 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Kennametal a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kennametal is outperform, with an average price target of $44.08.

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