EnerSys (ENS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - EnerSys reported revenue of $910.7 million for the quarter ended March 2024, marking an 8% year-over-year decline, while EPS increased to $2.08 from $1.82 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $899.77 million by 1.22%, and the EPS also surpassed the consensus estimate of $2.02 by 2.97% [1] Financial Performance Metrics - Specialty Net Sales were $146.50 million, slightly above the average estimate of $144.55 million, reflecting a year-over-year decline of 1.1% [4] - Motive Power Net Sales reached $394.80 million, exceeding the average estimate of $366.22 million, with a year-over-year increase of 2.9% [4] - Energy Systems Net Sales were reported at $369.40 million, below the estimated $377.90 million, showing a significant year-over-year decline of 19.4% [4] - Operating Earnings for Energy Systems were -$4.90 million, contrasting with the average estimate of $14.58 million from analysts [4] - Operating Earnings for Motive Power were $53.90 million, slightly above the average estimate of $53.83 million [4] - Operating Earnings for Specialty were $6.70 million, below the average estimate of $8.49 million [4] Stock Performance - EnerSys shares have returned +6.3% over the past month, while the Zacks S&P 500 composite increased by +7.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance compared to the broader market in the near term [3]