Enersys' Q2 Earnings Surpass Estimates, Sales Decline Year Over Year
EnerSys(ENS) ZACKS·2024-11-08 00:30
Enersys (ENS) reported second-quarter fiscal 2025 (ended Sept. 30, 2024) adjusted earnings of $2.12 per share, which surpassed the Zacks Consensus Estimate of $2.07. The bottom line increased 15% year over year.Enersys’ net sales of $883.7 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 ...