EnerSys Q1 adjusted EPS jumps 64%, beating estimates
ENS•Outlook
- EnerSys sees Q2 net sales of $955 million to $995 million
- Company expects Q2 adjusted diluted EPS of $3.15 to $3.25, or $1.95 to $2.05 ex IRC 45X
- EnerSys anticipates FY27 capital expenditures of about $70 million
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q1 Sales | Slight Beat* | $935.60 million | $927.95 million (5 Analysts) |
| Q1 Adjusted EPS | Beat | $3.66 | $2.83 (5 Analysts) |
| Q1 EPS | $3.09 | ||
| Q1 Net Income | $116.50 million | ||
| Q1 Operating Earnings | $151.40 million |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Result drivers
- End-market demand - Co said growth in data centers, communications, and aerospace & defense drove sales and margin expansion
- Pricing and mix - Co attributed sales increase to 3% higher pricing and favorable product mix, along with a 1% benefit from foreign currency
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