EnPro Industries (NPO) Tops Q4 EPS by 22c

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Enpro Reports Fourth Quarter and Full Year 2022 Results, Introduces 2023 Guidance

February 21, 2023 6:30 AM EST

Fourth Quarter and Full Year 2022 Highlights
(All results reflect comparisons to the respective prior-year period unless otherwise noted)

For the quarter, sales of $271.9 million increased 27.8% and organic sales increased 14.8%; for the year, sales of $1.10 billion increased 30.8% and organic sales increased 14.1% For the quarter, loss from continuing operations attributable to EnPro Industries, Inc. was $57.5 million, compared to a loss of $1.6 million, driven by a non-cash goodwill impairment charge; for the year, income from continuing operations was $6.7 million, compared to income of $56.9 million For the quarter, adjusted EBITDA* increased 39.4% to $53.4 million and... More