EnerSys expected to post earnings of $1.38 a share - Earnings Preview

EnerSys

22/05/2023 21:13

* EnerSys  ENS.N   ENS  is expected to show a rise in
quarterly
revenue when it reports  results on May 24. 
    * The Reading Pennsylvania-based  company is expected to
report  a
4.8% increase in revenue to $950.984 million from $907 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for EnerSys is for
earnings
of $1.38 per share. The company's EPS guidance on February 8
2023, for the period ended March 31, was between 1.33 and 1.42 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$96.5​, above​ its last closing price of $85.80. ​​​

The company's guidance on February 8 2023 for the period ended
March 31 was for gross profit margin between 22% and 24%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.23        1.23       1.27      Beat    3.3
 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.        1.00        1.04       1.01      Missed  -2.4
 31 2021                                                
 Sep. 30 2021  1.07        1.07       1.01      Missed  -5.5​
 Jun. 30 2021  1.20        1.20       1.25      Beat    4.2
 Mar. 31 2021  1.29        1.29       1.30      Beat    1
 This summary was machine generated May 22 at 20:13 GMT.  All
figures in US dollars  unless otherwise stated