Stephens Downgrades EnerSys (ENS) to Equal Weight

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EnerSys Reports Fourth Quarter and Full Year Fiscal 2015 Results

May 27, 2015 4:05 PM EDT

READING, Pa., May 27, 2015 /PRNewswire/ -- EnerSys (NYSE: ENS) the global leader in stored energy solutions for industrial applications, announced today results for its fourth quarter and full year of fiscal 2015, which ended on March 31, 2015.

Net earnings attributable to EnerSys stockholders ("Net earnings") for the fourth quarter of fiscal 2015 were $26.5 million, or $0.57 per diluted share, including an unfavorable highlighted net of tax impact of $0.58 per share from a non-cash charge of $20.7 million relating to impairment of goodwill and other indefinite lived assets, charges of $5.1 million for restructuring plans, $0.4 million for ERP system... More