EnerSys expected to post earnings of $1.95 a share - Earnings Preview

EnerSys

06/08/2024 03:24

* EnerSys  ENS.N   ENS  is expected to show a fall in
quarterly
revenue when it reports  results on August 7 for the period
ending June 30 2024
    * The Reading Pennsylvania-based  company is expected to
report a
3.5% decrease in revenue to $876.4 million from $908.57 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on May 22 2024, for
the period ended June 30, was for revenue between $860.00
million and $900.00 million.
    * ​LSEG's mean analyst estimate for EnerSys is for earnings
of
$1.95 per share. The company's EPS guidance on May 22 2024, for
the period ended June 30, was between $1.93 and $2.03 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
$118.36​, above​ its last closing price of $97.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   2.02        2.02       2.08      Beat    3.1
 Dec. 31 0001  2.55        2.38       2.56      Beat    7.8
 Sep. 30 2023  1.80        1.80       1.84      Beat    2.1​
 Jun. 30 2023  1.80        1.80       1.89      Beat    4.9
 ​​Mar.        1.38        1.38       1.82      Beat    32.1
 31 2023                                                
 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
 This summary was machine generated August 6 at 02:24 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)