EnPro Industries (NPO) Tops Q2 EPS by 32c; Raises Outlook

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Go back to EnPro Industries (NPO) Tops Q2 EPS by 32c; Raises Outlook

Enpro Reports Strong Second Quarter 2021 Results; Increases Full-Year Guidance

August 3, 2021 6:30 AM EDT

Second Quarter 2021 Highlights
(All results reflect comparisons to prior-year period unless otherwise noted)

Sales of $298.6 million increased 20.9% on strong growth across all segments; organic sales increased 27.1% Income from continuing operations attributable to EnPro Industries, Inc. was $29.3 million, compared to loss of $3.3 million Adjusted EBITDA increased 52.5% to $57.2 million; adjusted EBITDA margin increased 400 bps to 19.2% Diluted earnings per share from continuing operations attributable to EnPro Industries, Inc. was $1.41, compared to a diluted loss per share of $0.16 Adjusted diluted earnings per share increased 77.3% to $1.56 versus $0.88 Net debt to adjusted EBITDA... More