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Kennametal (KMT -1%) gives back the day's early gains and more, despite reporting an FQ2 EPS...
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Thursday, January 26, 2012, 3:10 PM ETKennametal (KMT -1%) gives back the day's early gains and more, despite reporting an FQ2 EPS that easily beat estimates on double-digit growth in its aerospace and defense business. The company also raises its outlook for the fiscal year, saying it now expects to post earnings of between $3.70 - $3.90 per share versus a prior forecast of $3.60 - $3.85.
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