Gear Up for EnerSys (ENS) Q2 Earnings: Wall Street Estimates for Key Metrics

Core Insights - EnerSys (ENS) is expected to report quarterly earnings of $2.07 per share, a 12.5% increase year-over-year, while revenues are forecasted at $887.31 million, reflecting a 1.5% decrease compared to the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.3%, indicating a reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics - Analysts project 'Net Sales- Specialty' at $136.79 million, a 10.9% increase year-over-year [5] - 'Net Sales- Motive Power' is expected to reach $369.32 million, indicating a 4% year-over-year increase [5] - The consensus estimate for 'Net Sales- Energy Systems' is $383.28 million, suggesting a 9.3% decrease year-over-year [5] Operating Earnings - The average prediction for 'Operating Earnings- Energy Systems' is $22.92 million, up from $16.80 million in the same quarter last year [6] - 'Operating Earnings- Motive Power' is forecasted at $54.39 million, compared to $49.60 million a year ago [6] - Analysts expect 'Operating Earnings- Specialty' to be $8.44 million, significantly higher than the year-ago figure of $3.30 million [7] Stock Performance - Over the past month, EnerSys shares have declined by 3.5%, while the Zacks S&P 500 composite has decreased by 0.5% [7] - EnerSys holds a Zacks Rank 4 (Sell), suggesting it may underperform the overall market in the near term [7]