EnPro Industries gains as Q1 profit, revenue beat estimates

Enpro

02/05/2022 17:11

** Industrial products maker's shares  NPO.N  up ~0.5% at
$93.67 
    ** Co reports adjusted profit of $1.83/share, above Wall
Street estimates of $1.53/share - Refinitiv data  urn:newsml:reuters.com:*:nASA0395W
    ** NPO said it successfully navigated inflationary and
supply chain headwinds in the quarter
    ** Co's sales in Q1 rose 17.7% to $328.7 mln, beating
analysts' estimates of $298.2 mln - Refinitiv 
    ** "Demand remains strong into the second quarter despite
the current macroeconomic and geopolitical uncertainty" - CEO   
 ** Including session gain, shares down ~14.7% YTD 

 (Reporting by Manya Saini in Bengaluru)
 ((Manya.Saini@thomsonreuters.com;))