Overview
EnerSys Q2 fiscal 2026 net sales up 8%, beating analyst expectations
Adjusted EPS for Q2 fiscal 2026 beats consensus, rising 21%
EnerSys returned $78 mln to shareholders in Q2 via buybacks and dividends
Outlook
EnerSys expects Q3 net sales between $920 mln and $960 mln
Company forecasts Q3 adjusted diluted EPS of $2.71 to $2.81
EnerSys projects FY 2026 capital expenditures of ~$80 mln
Result Drivers
INCREASED DEMAND - Net sales rose 8% due to improved demand across most end markets
STRATEGIC FRAMEWORK - EnerGize framework is driving R&D and CapEx investments and resource reallocation
COST REDUCTION - Company expects increasing benefits from cost reduction initiatives
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Beat | $951.30 mln | $890.30 mln (4 Analysts) |
Q2 Adjusted EPS | Beat | $2.56 | $2.35 (4 Analysts) |
Q2 EPS | $1.80 | ||
Q2 Net Income | $68.40 mln | ||
Q2 Operating Earnings | $92 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for EnerSys is $120.00, about 2.6% below its November 4 closing price of $123.11
Press Release: ID:nBw6KKS9Ra
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)