EnPro Industries (NPO) Misses Q2 EPS by 37c, Sales Beat

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EnPro Industries Reports Results for the Second Quarter of 2018

August 1, 2018 5:30 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NYSE: NPO) today announced its financial results for the three-month and six-month periods ended June 30, 2018.

Consolidated and Pro Forma Financial Highlights

(Amounts in millions except per share data and percentages)

Results for the Quarter Ended

June 30

    Consolidated 1     Pro Forma 2

2018 3

    2017 2017    

% 4

Net Sales $ 393.6 $ 307.6 $ 347.0 13.4 % Segment Profit 5 $ 31.2 $ 35.8 $ 45.5 (31.4 %) Segment Margin 7.9 % 11.6 % 13.1 % Net Income $ 9.9 $ 9.0 $ 18.5 (46.5 %) Diluted Earnings Per Share $ 0.47 $ 0.41 $ 0.85 (44.7 %) Adjusted Net Income 6 $ 15.8 $ 10.1 $ 22.0 (28.2 %) Adjusted Diluted Earnings Per Share 6 $ 0.75 $ 0.46... More