EnerSys (ENS) Tops Q1 EPS by 8c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/9/2026

1. USO
2. SPY
3. MSFT
4. META
5. MU
6. COST
7. IONS
8. ORCL
9. RMR
10. LEVI

Go back to EnerSys (ENS) Tops Q1 EPS by 8c

EnerSys Reports First Quarter Fiscal 2024 Results

August 9, 2023 4:15 PM EDT

Delivers Record Gross Margin of 26.4%, Up 580 Basis Points From Prior Year, and Record EPS of $1.60, More Than Double Prior Year 

First Quarter Fiscal 2024 Highlights
(All comparisons against the first quarter of fiscal year 2023 unless otherwise noted)

Delivered net sales of $909M, +1% on customers normalizing inventory levels Achieved record GM of 26.4%, +580 bps, including $19M benefit from Inflation Reduction Act IRC 45X tax credits Generated operating earnings of $89M, +78%, and record adjusted operating earnings(2) of $107.2M, +65% Realized record diluted EPS of $1.60, +113%, and record adjusted diluted EPS(1) of $1.89,... More