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.

Earnings

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.

Past Earnings Performance

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:

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).

Guidance

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.