Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of industrial-parts maker EnPro Industries
So what: EnPro's first quarter delivered $0.92 of adjusted earnings per share on sales of $270 million. Analysts would have settled for $0.69 and $232 million on those metrics, respectively.
Now what: "Our strong sales growth was driven by higher demand for most of our products," said CEO Steve McAdam, boosted further by successful acquisitions and near-record engine sales. The underlying markets for diesel-powered trucks and industrial gear are strong, as shown by Meritor's
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Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.