EnPro Industries (NYSE:NPO) reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
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Earnings
EnPro Industries beat estimated earnings by 8.85%, reporting an EPS of $1.23 versus an estimate of $1.13.
Revenue was up $4.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 8.73% increase in the share price the next day.
Here's a look at EnPro Industries's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.26 | 1.24 | 0.94 | 0.50 |
| EPS Actual | 1.40 | 1.56 | 1.37 | 1.24 |
| Revenue Estimate | 267.83M | 273.57M | 262.05M | 229.60M |
| Revenue Actual | 283.10M | 298.60M | 279.30M | 276.00M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
EnPro Industries management provided guidance for their next quarter, expecting earnings between $6.7 and $7.25 per share for the next quarter.
This represents a 467.07% in quarter-over-quarter growth for EnPro Industries, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
