EnPro Industries Inc. (NPO) revealed a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $24.5 million, or $1.15 per share. This compares with $12.5 million, or $0.59 per share, last year.
Excluding items, EnPro Industries Inc. reported adjusted earnings of $40.3 million or $1.90 per share for the period.
Analysts on average had expected the company to earn $1.67 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 6.1% to $273.2 million from $257.5 million last year.
EnPro Industries Inc. earnings at a glance (GAAP) :
-Earnings: $24.5 Mln. vs. $12.5 Mln. last year.
-EPS: $1.15 vs. $0.59 last year.
-Revenue: $273.2 Mln vs. $257.5 Mln last year.
-Guidance:
Full year EPS guidance: $7.00 to $7.70
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