earnings
confidence high
sentiment neutral
materiality 0.70
Enpro Q1 sales $328.7M (+17.7%), adj. EBITDA $67.9M (+30.6%); maintains FY adj. EBITDA guidance
Enpro Inc.
2022-Q1 EPS reported
$0.77
revenue$328,700,000
- GAAP net income $16.2M, diluted EPS $0.77, down 10% and 11.5% YoY respectively.
- Adj. diluted EPS $1.83, up 33.6% YoY; adj. EBITDA margin 20.7% (+210 bps), a record.
- Sealing Tech sales +4.8% but adj. EBITDA -1.2%; Adv. Surf. Tech sales +113.3% driven by NxEdge.
- FY 2022 guidance: revenue low double-digits growth, adj. EBITDA $263-275M; adj. EPS $6.60-$7.15.
- Ended Q1 with $293.4M cash, $1.078B debt; $0.28/share dividend declared.