EnerSys (NYSE: ENS) reported Q4 EPS of $1.20, $0.05 better than the analyst estimate of $1.15. Revenue for the quarter came in at $907 million versus the consensus estimate of $872.44 million.

GUIDANCE:

EnerSys sees Q1 2023 EPS of $1.10-$1.20, versus the consensus of $1.20.

• Macro headwinds from supply chain constraints, increasing interest rates and increased inflationary challenges have only been fueled by geopolitical events of the past quarter, and we anticipate these will not dramatically subside this calendar year. We will continue to take necessary pricing actions and expect to see ongoing mix benefits of our product redesign and re-sourcing efforts continuing throughout the year. We remain well-positioned to capitalize heavily on robust market demand in exciting end-markets, our strong order book, and price stickiness once the current macro environment normalizes, and we are tracking to our strategic plan. For the first quarter of fiscal 2023, we expect adjusted diluted earnings per share in the range of $1.10 to $1.20, with our pricing keeping pace with mounting inflation and FX gains in the fourth quarter of fiscal 2022 not repeating. We expect our gross margin for the first quarter of fiscal 2023 to be in the range of 21% - 23%. For the full year of fiscal 2023 we expect capital expenditure to be approximately $100 million.

For earnings history and earnings-related data on EnerSys (ENS) click here.