Enpro Q4 2021 Earnings Report
Key Takeaways
Enpro Industries, Inc. reported a 1.7% increase in sales to $280.8 million for the fourth quarter of 2021. Income from continuing operations attributable to EnPro Industries, Inc. was $102.4 million, compared to a loss of $8.9 million in the prior-year period. Adjusted EBITDA decreased 0.8% to $47.7 million, and adjusted diluted earnings per share decreased 0.8% to $1.23.
Sales increased 1.7% and organic sales increased 10.4% for the quarter.
Income from continuing operations attributable to EnPro Industries, Inc. was $102.4 million, compared to a loss of $8.9 million.
Adjusted EBITDA decreased 0.8% to $47.7 million and adjusted EBITDA margin decreased 40 bps to 17.0%.
Adjusted diluted earnings per share decreased 0.8% to $1.23.
Enpro
Enpro
Enpro Revenue by Segment
Forward Guidance
The company expects 2022 revenue growth to be in the low double-digit range, adjusted EBITDA to be in the range of $263 million to $275 million, and adjusted diluted earnings per share from continuing operations to be in the range of $6.70 to $7.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income