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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.