Enpro Q1 2024 sales fall 8.9% to $257.5 million; profit and EPS drop sharply
Enpro reported first quarter 2024 results on May 7, 2024. Sales fell 8.9% to $257.5 million, GAAP income from continuing operations fell to $12.5 million from $26.0 million, and adjusted diluted EPS fell 19.5% to $1.57, driven mainly by weakness in the Advanced Surface Technologies segment. The company kept its full-year 2024 guidance unchanged, which shareholders may weigh against the weaker quarter.
Key points
- Sales of $257.5 million, down 8.9%; organic sales down 11.6%
- GAAP diluted EPS from continuing operations of $0.59 versus $1.24 a year earlier
- Adjusted EBITDA of $58.4 million, down 14.9%; Advanced Surface Technologies sales down 21.4%
- Full-year 2024 guidance maintained: adjusted EBITDA of $260-$280 million and adjusted diluted EPS of $7.00 to $7.80
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.