Energizer Holdings (NYSE: ENR) saw its stock plummet 5.29% in pre-market trading on Tuesday following the release of its fiscal 2025 second-quarter results. Despite meeting earnings expectations, the battery maker's sales fell short of estimates and the company provided a cautious outlook for the remainder of the year.

For Q2, Energizer reported adjusted earnings per share of $0.67, in line with analyst estimates. However, this represents a 6.94% decrease from the $0.72 per share earned in the same period last year. The company's sales came in at $662.9 million, missing the consensus estimate of $669.58 million by 1% and showing a slight decrease of 0.06% year-over-year. Energizer's gross margin for the quarter stood at 39.1%.

Looking ahead, Energizer revised its fiscal 2025 guidance, now expecting organic net sales to be flat to up 2% and adjusted earnings per share in the range of $3.30 to $3.50. This outlook falls short of the previous LSEG IBES estimate of $3.55 per share. The company cited expectations of a "more cautious consumer over the balance of the year" as a factor in its conservative forecast. Additionally, Energizer stated that it anticipates limited direct impact from tariffs on its fiscal 2025 results due to already completed sourcing shifts and pricing actions.