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Enersys' Q2 Earnings Surpass Estimates, Sales Decline Year Over Year
ENSEnerSys(ENS) ZACKS·2024-11-07 16:30

Enersys (ENS) reported second-quarter fiscal 2025 (ended Sept. 30, 2024) adjusted earnings of 2.12pershare,whichsurpassedtheZacksConsensusEstimateof2.12 per share, which surpassed the Zacks Consensus Estimate of 2.07. The bottom line increased 15% year over year.Enersys’ net sales of 883.7millionmissedtheconsensusestimateof883.7 million missed the consensus estimate of 887 million. The top line declined 1.9% year over year due to headwinds in communications and transportation markets.  Organic sales decreased 3%. While acquisitions boosted sales by 2%, price/mix had an adverse impact of 1%.Stay ...