EnPro Indus Q4 2023 Adj EPS $1.19 Misses $1.44 Estimate, Sales $249.10M Miss $263.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
EnPro Industries (NPO) reported Q4 2023 adjusted EPS of $1.19, missing the $1.44 estimate, and sales of $249.10M, missing the $263.70M estimate. This represents an 8.39% decrease in sales compared to the same period last year.
February 20, 2024 | 11:31 am
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NEGATIVE IMPACT
EnPro Industries reported lower than expected Q4 2023 earnings and sales, missing analyst estimates with an 8.39% decrease in sales year-over-year.
Missing both earnings and sales estimates significantly, especially with a notable year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price of EnPro Industries in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100