EnPro: 4Q Earnings Snapshot
CHARLOTTE, N.C. (AP) _ EnPro Industries Inc. (NPO) on Wednesday reported a fourth-quarter loss of $22.1 million, after reporting a profit in the same period a year earlier.
The Charlotte, North Carolina-based company said it had a loss of $1.07 per share. Earnings, adjusted for non-recurring costs, were 98 cents per share.
The industrial products maker posted revenue of $381.4 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $373.3 million.
For the year, the company reported profit of $24.6 million, or $1.16 per share. Revenue was reported as $1.53 billion.
EnPro expects full-year earnings in the range of $4.28 to $4.55 per share.
EnPro shares have increased 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $67.19, a drop of 19 percent in the last 12 months.