Enersys (ENS) Q4 Earnings and Revenues Surpass Estimates
ENSEnerSys(ENS) zacks.com·2024-05-24 00:06

Enersys (ENS) reported fourth-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 2.08pershare,whichsurpassedtheZacksConsensusEstimateof2.08 per share, which surpassed the Zacks Consensus Estimate of 2.02. The bottom line surged 14.3% year over year due to lower sales costs. Enersys’ total revenues of 911millionbeattheconsensusestimateof911 million beat the consensus estimate of 900 million. The top line declined 8% year over year due to temporary spending pauses in telecom and broadband. Organic sales decreased 7% and foreign currency translation had an adverse impact of 1% on sal ...