Core Viewpoint - EnerSys (ENS) is expected to report strong quarterly earnings and revenue growth, indicating positive momentum in its financial performance [1][2]. Financial Projections - Analysts predict quarterly earnings of $3.03 per share, an increase of 18.4% year-over-year [1]. - Revenue is forecasted to be $934.56 million, reflecting an 8.5% increase compared to the same period last year [1]. Earnings Estimate Revisions - The consensus EPS estimate has been revised upward by 2.5% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions and short-term stock price movements [3]. Key Metrics Forecast - 'Net Sales- Specialty' is projected to reach $152.01 million, a year-over-year increase of 14.6% [5]. - 'Net Sales- Motive Power' is estimated at $377.97 million, reflecting a 6.4% increase from the previous year [5]. - 'Net Sales- Energy Systems' is expected to be $409.16 million, indicating a 9.6% year-over-year change [5]. Operating Earnings Estimates - 'Operating Earnings- Motive Power' is projected at $54.37 million, up from $49.50 million in the same quarter last year [6]. - 'Operating Earnings- Specialty' is expected to reach $10.39 million, compared to $6 million reported in the same quarter of the previous year [6]. Market Performance - EnerSys shares have remained stable over the past month, contrasting with a 1% increase in the Zacks S&P 500 composite [7]. - With a Zacks Rank 1 (Strong Buy), EnerSys is anticipated to outperform the overall market in the near future [7].
Exploring Analyst Estimates for EnerSys (ENS) Q3 Earnings, Beyond Revenue and EPS