Stock Track | Energizer Plummets 5.84% as Q2 Earnings Outlook Disappoints Despite Strong Q1 Results

Stock Track
2025/02/04

Energizer Holdings Inc. (ENR) saw a significant plummet of 5.84% in its stock price during Tuesday's intraday trading session, as the company's second-quarter profit outlook failed to meet analyst expectations, overshadowing its better-than-expected first-quarter results.

The St. Louis-based battery and personal care products company reported a fiscal first-quarter net income of $22.3 million, or 30 cents per share, a substantial increase from $1.9 million or 3 cents per share in the same period last year. Excluding one-time items, Energizer's adjusted earnings of 67 cents per share surpassed analysts' estimates of 65 cents.

The company's strong first-quarter performance was driven by hurricane-fueled demand, which generated approximately $10 million in incremental volume. Total sales rose to $731.7 million, exceeding analysts' expectations of $728.5 million.

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