Key Developments: EnPro Industries Inc (NPO)
50.89USD
22 May 2013
$-0.47 (-0.92%)
$51.36
$51.26
$51.50
$50.55
145,147
178,539
$51.74
$32.32
Latest Key Developments (Source: Significant Developments)
EnPro Industries Inc Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates
EnPro Industries Inc announced that for the first quarter of 2013, it expects sales to be less than they were in the first quarter of 2012. The Company reported revenue of $311.50 million in the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $308.60 million for the first quarter of 2013. Full Article
EnPro Industries, Inc. Lowers FY 2012 Revenue Guidance-Conference Call
EnPro Industries, Inc. announced that for fiscal 2012, it expect sales to grow by more than 10% over fiscal 2011, a reduction from its previous outlook for growth greater than 12%. The Company reported revenues of $1.106 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $1.24 billion for fiscal 2012. Full Article
EnPro Industries, Inc. Reaffirms FY 2012 Revenue Guidance-Conference Call
EnPro Industries, Inc. announced that for fiscal 2012, it expects revenue to grow 12%-plus. The Company reported revenues of $1.106 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $1.24 billion for fiscal 2012. Full Article
EnPro Industries, Inc. Revises FY 2012 Revenue Guidance
EnPro Industries, Inc. announced that it currently expects fiscal 2012 sales to increase by more than 12% over fiscal 2011, including the benefit of the recent Motorwheel acquisition. The Company outlook for fiscal 2012 sales anticipates stable organic growth with typical seasonal patterns and a contribution from acquisitions of between $55 and $60 million over the final three quarters of 2012. Full Article
EnPro Industries, Inc. Acquires Motorwheel Commercial Vehicle Systems, Inc.
EnPro Industries, Inc. announced that it has acquired Motorwheel Commercial Vehicle Systems, Inc., a manufacturer of engineered critical brake components, including drums and component assemblies for heavy-duty trucks and other commercial vehicles. The business was acquired from Precision Partners Holding Company for cash. Terms were not disclosed. Full Article
EnPro Industries, Inc. Comments On FY 2012 Revenue Guidance
EnPro Industries, Inc. announced that for fiscal 2012, it expects strong sales growth. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $1.163 billion for fiscal 2012. Full Article
EnPro Industries, Inc. Issues Q4 2011 Revenue Guidance
EnPro Industries, Inc. announced that for the fourth quarter of 2011, it expects sales to improve over the fourth quarter of 2010 as acquisitions completed in 2011 contribute sales of about $50 million. However, sales are also likely to reflect typical fourth quarter seasonality in the Sealing Products and Engineered Products segments and a sequential decrease in engine shipments in the Engine Products and Services segment. The Company reported revenue of $191.50 million in the fourth quarter of 2010. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $268.80 million in the fourth quarter of 2011. Full Article
EnPro Industries, Inc. Announces Acquisition Of PI Bearing Technologies
EnPro Industries, Inc. announced the acquisition of PI Bearing Technologies, a privately held manufacturer of bearing blocks and other bearing products used in fluid power applications. The acquisition was completed for cash. Terms were not disclosed. Full Article
EnPro Industries, Inc. Acquires Tara Technologies
EnPro Industries, Inc. announced that it has acquired Tara Technologies Corporation, a privately-held company that offers highly engineered products and solutions to the semiconductor, aerospace, energy and medical markets. Terms of the transaction, which was completed for cash, were not disclosed. Tara will combine with EnPro's High Performance Seals (HPS) group to create a new EnPro business that will go to market as the Technetics Group. The group unites several highly-regarded EnPro companies with common visions, common markets and complementary products. The newly-formed unit brings expanded engineering capabilities to EnPro's sealing products businesses and enlarges the corporation's global manufacturing capacity. The Technetics Group will be included in EnPro's Sealing Products segment. Full Article
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Estimates
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