Enpro's Q3 Adjusted Earnings, Sales Rise

MT Newswires Live
2024-11-05

Enpro (NPO) reported Q3 adjusted earnings Tuesday of $1.74 per diluted share, up from $1.58 a year earlier.

Three analysts surveyed by Capital IQ expected $1.87.

Net sales for the quarter ended Sept. 30 were $260.9 million, up from $250.7 million a year earlier.

Three analysts polled by Capital IQ expected $264.5 million.

For full-year 2024, the company said it now expects adjusted EPS to be in the range of $6.75 to $7, compared with the prior range of $7 to $7.60. Three analysts surveyed by Capital IQ expect $7.27.

Enpro also said it now expects 2024 revenue to be down low-single-digits from a year earlier, compared with the prior outlook of approximately flat. Analysts polled by Capital IQ expect revenue of $1.06 billion.

Price: 142.00, Change: -4.64, Percent Change: -3.16

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