NYSE$NPO
Enpro Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
EnPro Industries reported a decrease in sales and a loss from continuing operations due to the economic impacts of the COVID-19 pandemic and weaker market conditions.
EnPro Industries reported a 22.1% decrease in sales to $247.0 million and a loss from continuing operations of ($3.3) million. Adjusted EBITDA margin remained relatively stable at 15.2%. The company is focusing on cost management and portfolio shaping to navigate the economic downturn.
- Sales decreased 22.1% to $247.0 million.
- Adjusted EBITDA margin remained relatively stable at 15.2%, with adjusted EBITDA of $37.5 million.
- Diluted loss per share from continuing operations was ($0.16), while adjusted diluted earnings per share decreased 41.9% to $0.54.
- Announced final steps toward completion of reshaping the heavy-duty truck business.
Headline financials
Revenue & EPS history
Enpro · Revenue · Quarterly
$247M
Revenue by segment
Enpro · $249M total across 2 segments · Q2 2020
- Sealing Technologies$190M—76.4%
- Advanced Surface Tech$58.6M—23.6%
Forward guidance
EnPro Industries expects a 15% to 25% full-year revenue decline compared to 2019, with adjusted EBITDA margins ranging from 13% to 14%.
Tailwinds
- Strong second quarter results.
- Revised scenario planning ranges provided last quarter.
- Focus on cost management
- Benefits of portfolio shaping work completed during the last year
- Anticipate a modest sequential improvement in the fourth quarter
Headwinds
- Continue to model a 15% to 25% full-year revenue decline compared to 2019
- Typically experience softer demand in the third quarter due to seasonal patterns
- Expecting longer lead time orders to also affect third quarter results.
- Economic uncertainty caused by the COVID-19 pandemic
- Weaker conditions across many of our core markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.1%
Avg return
Earnings day
+1.8%
Avg return
5 days after
+1.6%
Avg return
30 days after
45%
29 / 65 earnings
Positive
+19.9%
Q4 2015
Best reaction
-16.5%
Q1 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.6% | +6.9% | +9.5% | |
| Q4 2025 | -0.1% | +2.2% | -8.0% | |
| Q3 2025 | -5.8% | -8.9% | -3.4% | |
| Q1 2025 | +6.8% | +12.0% | +21.6% | |
| Q4 2024 | +6.2% | +1.6% | -11.8% | |
| Q3 2024 | +13.1% | +11.5% | +33.1% | |
| Q2 2024 | +1.1% | +2.4% | +1.3% | |
| Q1 2024 | -4.0% | -0.9% | -1.4% | |
| Q4 2023 | -6.0% | -4.2% | -0.4% | |
| Q3 2023 | +1.4% | +3.1% | +11.6% | |
| Q2 2023 | -4.5% | -2.8% | -9.4% | |
| Q1 2023 | +7.4% | +5.5% | +8.8% | |
| Q4 2022 | -7.7% | -8.0% | -18.7% | |
| Q3 2022 | +4.0% | +13.5% | +11.6% | |
| Q2 2022 | +5.0% | +6.3% | -3.6% | |
| Q1 2022 | -1.9% | -1.7% | +4.3% | |
| Q4 2021 | -3.2% | -1.7% | -8.3% | |
| Q3 2021 | +13.8% | +17.7% | +17.4% | |
| Q2 2021 | -7.5% | -6.2% | -6.6% | |
| Q1 2021 | +3.4% | -1.3% | +6.5% | |
| Q4 2020 | +1.7% | +1.4% | +6.8% | |
| Q3 2020 | +0.2% | +2.9% | +16.9% | |
| Q2 2020 | +12.1% | +19.5% | +19.3% | |
| Q1 2020 | -4.7% | +2.9% | +13.6% | |
| Q4 2019 | -2.6% | -7.3% | -27.2% | |
| Q3 2019 | -7.3% | -5.9% | -11.6% | |
| Q2 2019 | +6.4% | -0.3% | -10.7% | |
| Q1 2019 | -12.8% | -9.7% | -25.3% | |
| Q4 2018 | +1.1% | +4.2% | -3.2% | |
| Q3 2018 | +14.7% | +17.9% | +17.1% | |
| Q2 2018 | -8.2% | -2.3% | -1.7% | |
| Q1 2018 | -10.0% | -5.7% | -2.8% | |
| Q4 2017 | -9.3% | -7.4% | -6.3% | |
| Q3 2017 | +3.3% | +4.1% | +6.0% | |
| Q2 2017 | +4.7% | +1.7% | -4.6% | |
| Q1 2017 | +2.8% | +3.3% | -5.4% | |
| Q4 2016 | -6.0% | -7.7% | -2.9% | |
| Q3 2016 | -0.5% | +3.9% | +14.3% | |
| Q2 2016 | +9.9% | +8.6% | +17.9% | |
| Q1 2016 | -16.5% | — | — | |
| Q4 2015 | +19.9% | — | — | |
| Q3 2015 | +11.9% | — | — | |
| Q2 2015 | -3.5% | — | — | |
| Q1 2015 | -8.8% | — | — | |
| Q4 2014 | +2.1% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | -8.3% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | -3.4% | — | — | |
| Q2 2013 | +3.7% | — | — | |
| Q1 2013 | -0.5% | — | — | |
| Q1 2010 | +2.3% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | +4.3% | — | — | |
| Q2 2012 | -2.9% | — | — | |
| Q1 2009 | -1.0% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2009 | -3.3% | — | — | |
| Q3 2010 | -3.3% | — | — | |
| Q4 2010 | -3.3% | — | — | |
| Q2 2010 | -1.8% | — | — | |
| Q2 2009 | -1.8% | — | — |
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