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wstera2

03/27/03 6:30 PM

#91579 RE: wstera2 #91578

18:28 ET Kennametal cuts outlook (KMT) 31.07 +0.46: Manufacturer of tooling systems warns that Q3 earnings will come in between $0.33 and $0.35 (ex-items) -- Multex consensus $0.48. For the full yr, KMT sees EPS of $1.30-$1.40 (consensus $1.70). KMT blames a sharp decline in sales beginning in the middle of March.