earnings
confidence high
sentiment positive
materiality 0.75
EnPro Q2 sales +11.6%, adj EPS +48.7%; raises FY EBITDA guidance to $270-$280M
Enpro Inc.
2022-Q2 EPS reported
$2.36
revenue$662,000,000
- Sales $333.3M (+11.6%), organic +9.5%; adj EBITDA $82M (+43.4%), margin 24.6%.
- Adj diluted EPS $2.32 vs $1.56 (+48.7%); GAAP EPS $1.59 vs $1.41.
- Raised FY2022 adj EBITDA guidance to $270-$280M (from $263-$275M), adj EPS $6.80-$7.30.
- Advanced Surface Tech sales +105% on NxEdge; Sealing organic +6.3%; Engineered Materials organic +7.6%.
- Dividend $0.28/share declared, payable Sept 14, unchanged from prior quarter.