EnPro Industries (NPO) Declares $0.25 Quarterly Dividend; 1.5% Yield

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Go back to EnPro Industries (NPO) Declares $0.25 Quarterly Dividend; 1.5% Yield

EnPro Industries (NPO) Tops Q2 EPS by 31; Revenues Miss; FY19 EPS Guidance Above Consensus

July 29, 2019 4:50 PM EDT

EnPro Industries (NYSE: NPO) reported Q2 EPS of $1.32, $0.31 better than the analyst estimate of $1.01. Revenue for the quarter came in at $387 million versus the consensus estimate of $389.77 million.

CEO Comment

Overall, I am very pleased with our performance during the second quarter. We experienced a substantial year-over-year increase in profitability that was primarily the result of strength in aftermarket parts and services in Power Systems, productivity improvements and lower warranty charges in Sealing Products, and cost control measures across the company. Total EnPro second quarter segment profit... More