03.05.2018 01:42:10

EnPro Industries Inc. Q1 adjusted earnings Miss Estimates

(RTTNews) - EnPro Industries Inc. (NPO) reported a profit for its first quarter that increased from last year.

The company's earnings totaled $12.6 million, or $0.58 per share. This compares with $6.4 million, or $0.30 per share, in last year's first quarter.

Excluding items, EnPro Industries Inc. reported adjusted earnings of $18.4 million or $0.85 per share for the period.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.7% to $368.8 million from $295.8 million last year.

EnPro Industries Inc. earnings at a glance:

-Earnings (Q1): $18.4 Mln. vs. $10.0 Mln. last year. -EPS (Q1): $0.85 vs. $0.46 last year. -Analysts Estimate: $0.95 -Revenue (Q1): $368.8 Mln vs. $295.8 Mln last year.

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