EnPro Industries Reports First Quarter EPS of $0.54 as Major Markets Strengthen.
Business Wire › April 28, 2004
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EnPro Industries Reports First Quarter EPS of $0.54 as Major Markets Strengthen.
Business Editors
CHARLOTTE, N.C.--(BUSINESS WIRE)--April 28, 2004 EnPro Industries, Inc. (NYSE: NPO): -- Sales grow by 16% as most operations benefit from increased activity -- Segment profits improve by 32% on higher volumes, lower costs EnPro Industries, Inc. (NYSE: NPO) a manufacturer of engineered industrial products, today reported net income of $11.4 million, or $0.54 a share, for the first quarter of 2004, compared to net income of $6.1 million, or $0.30 a share, in the first quarter of 2003. Earnings per share are expressed on a diluted basis throughout this release. The improved net income came as sales grew to $213.8 million, a 16% increase over the first quarter of 2003, when they were $184.0 million. "Our results in the first quarter reflect the benefits not only of stronger markets and...See the full content of this document
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