EnPro Industries Eyes 8.7% Q4 Revenue Growth to $281M After 9.9% Q3 Beat
EnPro Industries reported Q3 revenues of $286.6 million, up 9.9% y/y and 3.6% above estimates, with full-year EBITDA guidance modestly exceeding forecasts. Analysts expect Q4 revenue of $281 million (+8.7% y/y) and $1.91 adjusted EPS, while peers reported over 20% revenue growth, lifting sector stocks 8.1%.
1. Q3 Performance Highlights
EnPro Industries closed Q3 with $286.6 million in revenue, marking a 9.9% year-on-year increase and exceeding analysts’ estimates by 3.6%. Full-year EBITDA guidance modestly topped forecasts, reflecting strong operational momentum.
2. Q4 Analyst Forecasts
Analysts project Q4 revenue at $281 million, up 8.7% year on year, with adjusted earnings per share of $1.91. These estimates improve on last year’s 3.7% revenue growth but follow three revenue misses over the past two years.
3. Peer Benchmarking
Peers Arrow Electronics and Graham Corporation reported Q4 revenues up 20.1% and 20.5% respectively, each beating estimates by over 6%. Their post-report gains of 12.4% and 15.3% contributed to an 8.1% sector stock rise over the past month.
4. Share Performance and Price Targets
EnPro shares have climbed 16.5% over the last month, trading around $272.63 with an average analyst price target of $252.33. This divergence suggests market optimism ahead of the upcoming earnings release.