EnerSys (NYSE: ENS ) reported earnings on Aug. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended July 1 (Q1), EnerSys met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share expanded significantly.
Margins grew across the board.
EnerSys logged revenue of $593.9 million. The eight analysts polled by S&P Capital IQ looked for a top line of $595.2 million on the same basis. GAAP reported sales were 4.3% higher than the prior-year quarter's $569.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.95. The eight earnings estimates compiled by S&P Capital IQ predicted $0.90 per share. GAAP EPS of $0.95 for Q1 were 44% higher than the prior-year quarter's $0.66 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 25.0%, 360 basis points better than the prior-year quarter. Operating margin was 11.9%, 330 basis points better than the prior-year quarter. Net margin was 7.7%, 180 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $587.7 million. On the bottom line, the average EPS estimate is $0.84.
Next year's average estimate for revenue is $2.40 billion. The average EPS estimate is $3.51.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 389 members out of 402 rating the stock outperform, and 13 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give EnerSys a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on EnerSys is outperform, with an average price target of $41.25.