Enpro Inc reports results for the quarter ended in January - Earnings Summary

Enpro

07/05/2024 13:33

* Enpro Inc  NPO.N  reported quarterly adjusted earnings of
$1.57​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of
$1.95.  The mean expectation of three analysts for the quarter
was for earnings of $1.54 per share. Wall Street expected
results to range from $1.53  to $1.55 per share.
    * Revenue fell 8.9% to $257.50 million from a year ago;
analysts
expected $268.90 million. 
    * Enpro Inc's reported EPS for the quarter was 59 cents​.
    * The company reported quarterly net income of $12.5
million.
    * Enpro Inc shares had fallen by 9.1% this quarter and
lost 2.1%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "strong buy"

Wall Street's median 12-month price target for Enpro Inc is
$180.00 
This summary was machine generated from LSEG data May 7 at 12:32
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.54           1.57           Beat
 Dec. 31 2023      1.44           1.19           Missed
 Sep. 30 2023      1.58           1.58           Met
 Jun. 30 2023      1.74           1.83           Beat