Enpro currently trades at $172.52 and has been a dream stock for shareholders. It’s returned 426% since March 2020, nearly tripling the S&P 500’s 152% gain. The company has also beaten the index over the past six months as its stock price is up 8.8% thanks to its solid quarterly results.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the engineered components and systems stocks, including Timken (NYSE:TKR) and its peers.
Industrial technology solutions provider EnPro Industries (NYSE:NPO) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 3.7% year on year to $258.4 million. Its non-GAAP profit of $1.57 per share was 6.6% above analysts’ consensus estimates.
Industrial technology solutions provider EnPro Industries (NYSE:NPO)
will be announcing earnings results tomorrow morning. Here’s what investors should know.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Enpro (NYSE:NPO) and the best and worst performers in the engineered components and systems industry.
Since January 2020, the S&P 500 has delivered a total return of 80.4%. But one standout stock has nearly doubled the market - over the past five years, Enpro has surged 155% to $172.45 per share. Its momentum hasn’t stopped as it’s also gained 21.7% in the last six months, beating the S&P by 14.2%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how engineered components and systems stocks fared in Q3, starting with Applied Industrial (NYSE:AIT).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the engineered components and systems industry, including Park-Ohio (NASDAQ:PKOH) and its peers.
Industrial technology solutions provider EnPro Industries (NYSE:NPO) fell short of the market’s revenue expectations in Q3 CY2024 as sales rose 4.1% year on year to $260.9 million. Its GAAP profit of $0.94 per share was also 20.3% below analysts’ consensus estimates.
Companies Reporting Before The Bell • BBVA (NYSE:BBVA) is likely to report earnings for its third quarter. • BP (NYSE:BP) is expected to report quarterly earnings at $1.37 per share on revenue of $57.71 billion.
Northland Capital Markets boosted the price target for Advanced Micro Devices, Inc. (NASDAQ: AMD) from $81 to $150. Northland Capital Markets analyst Gus Richard upgraded the stock from Market Perform to Outperform. AMD shares rose 1.7% to close at $115.82 on Monday.
