EnPro: 2Q Earnings Snapshot
CHARLOTTE, N.C. (AP) _ EnPro Industries Inc. (NPO) on Wednesday reported second-quarter earnings of $9.9 million.
On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 47 cents. Earnings, adjusted for one-time gains and costs, came to 75 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.12 per share.
The industrial products maker posted revenue of $393.6 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $368 million.
EnPro shares have fallen 20 percent since the beginning of the year. The stock has declined nearly 2 percent in the last 12 months.