EnerSys expected to post earnings of $2.07 a share - Earnings Preview

EnerSys

05/11/2024 24:36

* EnerSys  ENS.N   ENS  is expected to show a fall in
quarterly
revenue when it reports  results on November 6 for the period
ending September 30 2024
    * The Reading Pennsylvania-based  company is expected to
report a
1.5% decrease in revenue to $887.696 million from $901.03
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on August 7
2024, for the period ended September 30, was for revenue between
$880.00 million and $920.00 million.
    * ​LSEG's mean analyst estimate for EnerSys is for earnings
of
$2.07 per share. The company's EPS guidance on August 7 2024,
for the period ended September 30, was between $2.05 and $2.15 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "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
120.00​, above​ its last closing price of $97.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  1.95        1.95       1.98      Beat    1.4
 Mar. 31 2024  2.02        2.02       2.08      Beat    3.1
 Dec. 31 2023  2.55        2.38       2.56      Beat    7.8​
 Sep. 30 2023  1.80        1.80       1.84      Beat    2.1
 ​​Jun.        1.80        1.80       1.89      Beat    4.9
 30 2023                                                
 Mar. 31 2023  1.38        1.38       1.82      Beat    32.1​
 Jan. 1 0001   1.23        1.23       1.27      Beat    3.3
 Sep. 30 2022  1.08        1.08       1.11      Beat    3.1
 This summary was machine generated November 5 at 00:36 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)