EnerSys Sees Q4 2024 Adj. EPS $1.98-$2.08 Vs $2.22 Est.
Portfolio Pulse from Benzinga Newsdesk
EnerSys, identified by its stock symbol ENS, has provided guidance for its Q4 2024 adjusted earnings per share (EPS) to be in the range of $1.98 to $2.08. This forecast falls below the estimated EPS of $2.22 by analysts.
February 07, 2024 | 10:40 pm
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EnerSys projects its Q4 2024 adjusted EPS to be between $1.98 and $2.08, which is below the analyst estimate of $2.22.
EnerSys's projection of its Q4 2024 adjusted EPS being lower than analyst estimates suggests potential underperformance compared to market expectations. This could lead to negative investor sentiment in the short term, likely causing a decrease in the stock price.
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