EnerSys expected to post earnings of $1.23 a share - Earnings Preview

EnerSys

07/02/2023 24:09

* EnerSys  ENS.N   ENS  is expected to show a rise in
quarterly
revenue when it reports  results on February 8. 
    * The Reading Pennsylvania-based  company is expected to
report  a
9.8% increase in revenue to $926.518 million from $844 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for EnerSys is for
earnings
of $1.23 per share. The company's EPS guidance on November 9
2022, for the period ended December 31, was between 1.20 and
1.30 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for EnerSys is
$83.5​, below​ its last closing price of $86.56. ​​​

The company's guidance on November 9 2022 for the period ended
December 31 was for gross profit margin between 21% and 23%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.08        1.08       1.11      Beat    3.1
 Jun. 30 2022  1.15        1.15       1.15      Met     0.4
 Mar. 31 2022  1.15        1.15       1.20      Beat    4.2​
 Dec. 31 2021  1.00        0.99       1.01      Beat    1.6
 ​​Sep.        1.07        1.07       1.01      Missed  -5.5
 30 2021                                                
 Jun. 30 2021  1.20        1.20       1.25      Beat    4.2​
 Mar. 31 2021  1.29        1.29       1.30      Beat    1
 Dec. 31 2020  1.19        1.19       1.27      Beat    6.5
 This summary was machine generated February 7 at 00:09 GMT.  All
figures in US dollars  unless otherwise stated