Market Overview

Earnings Outlook For EnerSys

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On Wednesday, November 11, EnerSys (NYSE: ENS) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

EnerSys earnings will be near $0.97 per share on sales of $725.01 million, according to analysts. In the same quarter last year, EnerSys reported EPS of $1.23 on revenue of $762.10 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 21.14%. Revenue would be down 4.87% from the year-ago period. EnerSys's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2019
EPS Estimate 0.67 1.18 1.13 1.19
EPS Actual 0.92 1.11 1.04 1.23
Revenue Estimate 693.74 M 771.59 M 785.75 M 759.59 M
Revenue Actual 704.90 M 781.80 M 763.70 M 762.10 M

Stock Performance

Shares of EnerSys were trading at $81.39 as of November 09. Over the last 52-week period, shares are up 20.55%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. EnerSys is scheduled to hold the call at 09:00:00 ET and can be accessed here.

 

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Posted-In: Earnings