EnPro Industries Reports Results for the Second Quarter of 2019
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EnPro Industries (NPO) Tops Q2 EPS by 31; Revenues Miss; FY19 EPS Guidance Above Consensus
July 29, 2019 4:50 PM EDTEnPro 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
