EnPro Industries (NPO) Misses Q1 EPS by 16c

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Enpro Reports Strong First Quarter 2022 Results

May 2, 2022 6:30 AM EDT

First Quarter 2022 Highlights
(All results reflect comparisons to prior-year period unless otherwise noted)

Sales of $328.7 million increased 17.7%; organic sales increased 13.5% Net income attributable to EnPro Industries, Inc. was $16.2 million compared to $18.0 million last year Adjusted EBITDA* increased 30.6% to $67.9 million; adjusted EBITDA margin* increased 210 bps to 20.7% Diluted earnings per share attributable to EnPro Industries, Inc. was $0.77, compared to a diluted earnings per share of $0.87 last year Adjusted diluted earnings per share* increased 33.6% to $1.83 versus $1.37 last year Maintain revenue growth guidance of low double-digits and adjusted EBITDA... More