Energizer Holdings, Inc. (NYSE:ENR) reported in-line earnings for the second quarter on Tuesday.

The company posted quarterly earnings of 67 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $662.90 million which missed the analyst consensus estimate of $669.58 million.

“We are proud of our performance in the quarter, as our investments have enabled continued momentum in our top-line and the operating flexibility to effectively offset the impact from tariffs to our fiscal 2025 results.” said Mark LaVigne, Chief Executive Officer. “We delivered organic Net sales growth for the fourth consecutive quarter, expanded Gross margins, and achieved Adjusted Earnings per share at the high end of our guided range.”

Energizer lowered its FY2025 GAAP EPS guidance from $2.63-$2.95 to $2.29-$2.65. The company also slashed its FY2025 adjusted EPS guidance from $3.45-$3.65 to $3.30-$3.50. It widened its FY2025 sales outlook from $2.92 billion-$2.94 billion to $2.89 billion-$2.94 billion.

Energizer shares fell 6.3% to trade at $22.36 on Wednesday.

These analysts made changes to their price targets on Energizer following earnings announcement.

• Canaccord Genuity analyst Brian McNamara maintained Energizer with a Hold and lowered the price target from $31 to $27.
• UBS analyst Peter Grom maintained the stock with a Neutral and lowered the price target from $28 to $26.

Considering buying ENR stock? Here’s what analysts think:

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