earnings
confidence high
sentiment negative
materiality 0.75
Enpro Q3 adjusted EPS $1.74 vs $1.58; cuts FY24 adj. EBITDA guidance to $250-255M
Enpro Inc.
2024-Q3 EPS reported
$2.80
revenue$790,300,000
- Q3 sales $260.9M (+4.1%), GAAP EPS $0.94 vs $0.39, adjusted EPS $1.74 vs $1.58.
- Sealing Technologies adj. EBITDA +15% to $55.1M (32.7% margin); AST adj. EBITDA flat at $19.2M (20.8% margin).
- FY24 guidance reduced: adj. EBITDA $250-255M, adj. EPS $6.75-7.00 (prior $260-270M and $7.00-7.60).
- Free cash flow $82.8M for 9 months (vs $133.8M); $0.30 quarterly dividend declared.
- Board authorized new $50M share repurchase program, replacing expired prior authorization.