News

(RTTNews) - Enpro Inc. (NPO) reported a fourth quarter GAAP loss from continuing operations attributable to Enpro of $4.9 million, compared to a GAAP loss of $57.5 million last year. Loss per share from continuing operations attributable to Enpro was $0.23, compared to a loss per share of $2.76. Adjusted earnings per share decreased 8.5% to $1.19 from $1.30 last year. On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $1.44, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter sales were $249.1 million decreased 8.4% and organic sales decreased 9.0%. Analysts on average had estimated $263.7 million in revenue.

For 2024, the company expects: revenue growth to be in the low to mid-single digit range, and adjusted earnings per share from continuing operations to be in the range of $7.00 to $7.80.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.