Enpro (NYSE:NPO) Updates FY 2024 Earnings Guidance

Enpro (NYSE:NPO) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 7.000-7.600 for the period, compared to the consensus earnings per share estimate of 7.390. The company issued revenue guidance of -. Enpro also updated its FY24 guidance to $7.00-7.60 EPS.

Enpro Trading Up 0.5 %

Shares of Enpro stock traded up $0.82 on Wednesday, reaching $153.21. The company had a trading volume of 2,705 shares, compared to its average volume of 99,799. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of -1,088.50 and a beta of 1.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.59 and a quick ratio of 1.77. The firm’s 50-day moving average price is $152.76 and its two-hundred day moving average price is $154.77. Enpro has a 1 year low of $106.08 and a 1 year high of $176.13.

Enpro (NYSE:NPO) last announced its earnings results on Tuesday, August 6th. The industrial products company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.23. The firm had revenue of $271.90 million during the quarter, compared to analysts’ expectations of $270.90 million. Enpro had a positive return on equity of 9.17% and a negative net margin of 0.26%. The company’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.83 EPS. As a group, research analysts predict that Enpro will post 7.45 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 18th. Investors of record on Wednesday, September 4th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Wednesday, September 4th. Enpro’s dividend payout ratio is currently -857.14%.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.