EnerSys: Fiscal Q2 Earnings Snapshot

Associated Press Finance
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READING, Pa. (AP) — READING, Pa. (AP) — EnerSys (ENS) on Wednesday reported fiscal second-quarter profit of $65.2 million.

The Reading, Pennsylvania-based company said it had net income of $1.56 per share. Earnings, adjusted for one-time gains and costs, were $1.84 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.

The maker of industrial batteries posted revenue of $901 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $907.9 million.

For the current quarter ending in December, EnerSys expects its per-share earnings to range from $1.80 to $1.90.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENS at https://www.zacks.com/ap/ENS

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