EnPro Industries Reports First Quarter 2020 Results
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EnPro Industries (NPO) Tops Q1 EPS by 22c, Revenues Miss; Withdraws FY20 Guidance
May 5, 2020 6:45 AM EDTEnPro Industries (NYSE: NPO) reported Q1 EPS of $0.62, $0.22 better than the analyst estimate of $0.40. Revenue for the quarter came in at $282.7 million versus the consensus estimate of $295.6 million.
First Quarter 2020 Highlights
(All results reflect comparisons to prior-year period and Fairbanks Morse as a discontinued operation unless otherwise noted)
Sales decreased 6.7% to $282.7 millionSegment profit increased 7.8% to $29.1 millionIncome from continuing operations attributable to EnPro Industries, Inc. increased 29.5% to $10.1 millionAdjusted EBITDA increased 19.4% to $40.6 millionDiluted earnings per share attributable to EnPro Industries, Inc. continuing operations increased 32.4% to $0.49Adjusted diluted earnings per share... More