Here's Why Energizer Stock Is Up 9% After Q4 Earnings Beat Estimates
ENREnergizer (ENR) ZACKS·2024-11-20 21:15

Shares of Energizer Holdings, Inc. (ENR) surged 9.1% before closing yesterday's trading session following the release of its fourth-quarter results. Net sales declined year over year and lagged the Zacks Consensus Estimate. However, earnings improved from the year-ago period and surpassed the consensus estimate. Energizer’s strategic initiatives include Project Momentum for margin recovery, cash flow restoration and debt reduction. The company focuses on market expansion by leveraging its global platform, i ...