EnerSys Reports Second Quarter EPS of $.58

EnerSys ENS the global leader in stored energy solutions for industrial applications, announced today results for its second quarter of fiscal 2011, which ended on October 3, 2010. Net earnings for the second quarter of fiscal 2011 were $26.6 million or $0.53 per diluted share, including an unfavorable highlighted $0.05 per share impact from the $2.2 million, $2.7 million pre-tax, charge for restructuring plans and $0.3 million, $0.5 million pre-tax, for fees related to acquisition activities. Excluding these highlighted items, adjusted net earnings for the second quarter of fiscal 2011, on a non-GAAP basis, were $0.58 per diluted share, which exceeded the guidance of $0.49 to $0.53 per diluted share given by the Company on August 11, 2010. These earnings compare to the prior year second quarter adjusted net earnings of $0.32 per diluted share.