Enpro Q2 2024 Adj. EPS $2.08 Beats $1.85 Estimate, Sales $271.900M Beat $270.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enpro (NYSE:NPO) reported Q2 2024 adjusted EPS of $2.08, beating the analyst estimate of $1.85 by 12.43%. Sales were $271.9M, slightly above the $270.9M estimate, but down 1.81% from the same period last year.
August 06, 2024 | 10:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Enpro's Q2 2024 adjusted EPS of $2.08 beat estimates by 12.43%, and sales of $271.9M slightly exceeded expectations. However, sales decreased by 1.81% year-over-year.
The significant EPS beat and slight sales beat are positive indicators for Enpro's stock in the short term. However, the year-over-year sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100