EnPro Industries (NYSE: NPO), a leading industrial technology company, saw its stock soar 7.47% in pre-market trading on Wednesday, February 19, 2025. The surge came after the company reported better-than-expected fourth-quarter 2024 results and provided solid guidance for the full year 2025.
In the fourth quarter of 2024, EnPro's revenue grew 3.7% year-over-year to $258.4 million, surpassing analyst estimates of $250.1 million. The company's adjusted earnings per share (EPS) stood at $1.57, beating consensus estimates of $1.47.
For the full year 2024, EnPro reported revenue of $1.05 billion, down 1.0% from the previous year, while adjusted EPS increased 6.4% to $6.96.
Looking ahead, EnPro introduced its guidance for the fiscal year 2025. The company expects revenue growth in the low to mid-single digit range, driven by its diverse end markets and strategic initiatives. Adjusted EBITDA is projected to be in the range of $262 million to $277 million, and adjusted EPS is forecasted to be between $7.00 and $7.70.
The strong fourth-quarter results, coupled with the positive outlook for 2025, have boosted investor confidence in EnPro's growth prospects. The company's focus on critical applications across various end markets, including semiconductor, industrial process, commercial vehicle, sustainable power generation, aerospace, food and pharma, photonics, and life sciences, positions it well for future growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.