EnerSys Q2 2024 Adj. EPS $1.84 Beats $1.80 Estimate, Revenue $901M Misses $908.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
EnerSys reported Q2 2024 adjusted EPS of $1.84, beating the estimate of $1.80. However, the company's revenue of $901M fell short of the estimated $908.9M.
November 08, 2023 | 9:38 pm
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NEUTRAL IMPACT
EnerSys' Q2 2024 earnings beat EPS estimates but missed on revenue. This mixed result could lead to uncertain short-term price movement.
EnerSys' earnings report is a key factor in its stock performance. While the EPS beat is positive, the revenue miss could offset this, leading to uncertainty in the short-term price direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100