Preview Of Enersys ($ENS) 1Q21 Earnings

79

Enersys (NYSE:ENS) is reporting first quarter financial results on Wednesday 12th August 2020, after market close.

According to analysts surveyed by Thomson Reuters, ENS is expected to report 1Q21 income of $ 0.67 per share from revenue of $ 690.29 million.

For the full year, analysts anticipate top line of $ 2999.06 million, while looking forward to income of $ 4.07 per share bottom line.

Previous Quarter Performance

Enersys communicated income for the fourth quarter of $ 1.11 per share, from the revenue of $ 781.80 million. The quarterly earnings down 22.38 percent while revenues reduced 1.86 percent compared with the same quarter last year.
Wall street analysts are predicting, ENS to report 4Q20 income of $ 1.18 per share from revenue of $ 771.59 million. The bottom line results missed street analysts by $ 0.07 or 5.93 percent, at the same time, top line results outshined analysts by $ 10.21 million or 1.32 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Enersys

Stock Performance

According to the previous trading day, closing price of ENS was $ 74.18, representing a 110.68 % increase from the 52 week low of $ 35.21 and a 6.07 % decrease over the 52 week high of $ 78.97.

The company has a market capital of $ 3.15 billion and is part of the Technology sector and Electronic Components industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”ENS” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.175 per share on May 21, 2020. The dividend were payable on June 26, 2020 to holders of record as of the close of business on June 12, 2020 and ex-dividend date on June 11, 2020.

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.