Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc delivers engineered industrial solutions through sealing technologies, advanced surface treatments, and wheel-end components critical to automotive, energy, and manufacturing sectors. This page serves as a comprehensive resource for tracking the company’s latest developments, financial disclosures, and strategic initiatives.
Access real-time updates on earnings announcements, product innovations, and operational milestones. Investors and industry professionals will find curated press releases covering acquisitions, leadership changes, and technological advancements that shape Enpro’s market position.
All content is rigorously verified to ensure accuracy and relevance. Bookmark this page to stay informed about Enpro’s progress in developing mission-critical solutions for industrial applications worldwide. Regular updates provide insights into how the company maintains its leadership in precision engineering and global manufacturing.
Enpro (NYSE: NPO) has announced a quarterly dividend increase of 3.3%, raising the payment from $0.30 to $0.31 per share. This marks the company's tenth consecutive year of dividend increases since initiating dividends in 2015. The dividend will be paid on March 19, 2025, to shareholders of record as of March 5, 2025.
CEO Eric Vaillancourt highlighted that this increase demonstrates the company's strong balance sheet, durable cash generation, positive long-term outlook, and commitment to a balanced capital allocation strategy.
Enpro (NYSE: NPO) has scheduled its fourth quarter and year-end 2024 earnings release for Wednesday, February 19, at 6:30 a.m. Eastern Time. The company will host a conference call at 8:30 a.m. Eastern Time, featuring President and CEO Eric Vaillancourt and EVP and CFO Joe Bruderek.
Investors can access the conference call via webcast on enpro.com or by telephone at 1-877-407-0832 using access code 13740581. The earnings results and accompanying slide presentation will be available on the company's website.
Enpro (NYSE: NPO) has announced its participation in the upcoming Sidoti December Small Cap Conference. The company's Executive Vice President and CFO, Joe Bruderek, will deliver a virtual presentation on Thursday, December 5, 2024, at 1:45 p.m. Eastern Time. Interested parties can access the webcast presentation through Enpro's official website at enpro.com.
Enpro (NYSE: NPO) has appointed Allison K. Aden to its Board of Directors. Aden brings 30 years of finance experience and currently serves as Executive Vice President and CFO of Cavco Industries. Her expertise spans accounting, financial reporting, corporate strategy, M&A, IT, and cybersecurity across manufacturing, information technology, financial services, and commercial real estate sectors. At Cavco, she leads M&A efforts and oversees financial operations while playing a key role in strategic direction.
Enpro (NYSE: NPO) has announced a quarterly dividend of $0.30 per share. The dividend will be paid on December 18, 2024, to shareholders who are on record as of December 4, 2024. This regular quarterly dividend announcement demonstrates the company's continued commitment to providing returns to its shareholders.
Enpro Inc. (NYSE: NPO) has announced the date for its third quarter 2024 earnings release and conference call. The company will release its financial results on Tuesday, November 5, at 6:30 a.m. Eastern Time. A conference call to review the company's performance will be hosted by Eric Vaillancourt, President and CEO, and Joe Bruderek, Executive VP and CFO, at 8:30 a.m. Eastern Time.
The conference call will be accessible via webcast on the company's website at http://www.enpro.com and by telephone at 1-877-407-0832, using the access code 13735653. Interested parties should join approximately 10 minutes before the call. The third quarter 2024 financial results and accompanying slide presentation will be available on Enpro's website.
Enpro announced its Q2 2024 financial results with sales of $271.9 million, down 1.8% year-over-year, and organic sales down 5.0%. The company reported GAAP income from continuing operations of $26.7 million, reversing a loss of $18.6 million last year.
Adjusted EBITDA increased 14.0% to $74.0 million, while GAAP diluted EPS was $1.27, compared to a loss of $0.89 per share in Q2 2023. Adjusted diluted EPS rose 13.7% to $2.08.
The Sealing Technologies segment saw sales rise 4.1% to $184.0 million, boosting adjusted EBITDA by 16.2%. However, Advanced Surface Technologies sales dropped 12.2% to $88.1 million, with a 20.7% decrease in adjusted EBITDA.
For 2024, Enpro narrowed its guidance, projecting adjusted EBITDA between $260-$270 million and adjusted diluted EPS between $7.00-$7.60. Revenue is expected to remain flat.
Enpro (NYSE: NPO) has announced a quarterly dividend of $0.30 per share. The dividend will be paid on September 18, 2024, to shareholders of record as of the close of business on September 4, 2024. This regular dividend declaration demonstrates Enpro's commitment to returning value to its shareholders and maintaining a consistent dividend policy. The announcement provides clarity on the company's short-term financial plans and may be of interest to income-focused investors.
Enpro Inc. (NYSE: NPO) has announced the date for its second quarter 2024 earnings release and conference call. The company will release its financial results on Tuesday, August 6, at 6:30 a.m. Eastern Time. A conference call to review the company's performance will be hosted by Eric Vaillancourt, President and CEO, and Joe Bruderek, Executive VP and CFO, at 8:30 a.m. Eastern Time.
The conference call will be accessible via webcast on the company's website and by telephone. Investors can join the call using the access code 13735651. The financial results and accompanying slide presentation will be available on Enpro's website prior to the call.
Enpro Inc. (NYSE: NPO) reported its First Quarter 2024 Results, with sales of $257.5 million down 8.9% compared to the prior-year period. GAAP income from continuing operations was $12.5 million, Adjusted EBITDA down 14.9% to $58.4 million, and adjusted diluted earnings per share from continuing operations down 19.5% to $1.57. The acquisition of AMI was completed in January 2024. Full year 2024 guidance includes revenue growth of low-to-mid single digits, adjusted EBITDA of $260-$280 million, and adjusted diluted earnings per share in the range of $7.00 to $7.80.