EnerSys: Q1 Earnings Insights

EnerSys ENS reported its Q1 earnings results on Wednesday, August 10, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

EnerSys reported in-line EPS of $1.15 versus an estimate of $1.15.

Revenue was up $84.10 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 7.2% increase in the share price the next day.

Here's a look at EnerSys's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.15	0.99	1.07	1.20
EPS Actual	1.20	1.01	1.01	1.25
Revenue Estimate	877.40M	823.38M	812.20M	798.56M
Revenue Actual	907.00M	844.00M	791.40M	814.90M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

EnerSys management provided guidance for Q2 2023, expecting earnings between $1.05 and $1.15 per share.

To track all earnings releases for EnerSys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.