Energizer Holdings (ENR) stock soared 24.53% in pre-market trading on Monday following the release of its fiscal 2025 third-quarter results that significantly exceeded analysts' expectations. The battery manufacturer reported impressive financial performance and raised its full-year guidance, driving investor enthusiasm.

The company reported adjusted earnings per share of $1.13 for the quarter, substantially surpassing the consensus estimate of $0.62 and marking a 43% increase from the same period last year. Quarterly revenue rose 3.4% to $725.3 million, outpacing the analyst forecast of $692.9 million. Energizer's gross margin also showed notable improvement, with the adjusted gross margin increasing by 330 basis points to 44.8%.

Adding to the positive sentiment, Energizer raised its full-year guidance. The company now projects adjusted earnings per share between $3.55 and $3.65, up from the previous range of $3.30 to $3.50. Net sales growth forecast for the fiscal year was revised to 1% to 3%. CEO Mark LaVigne attributed the improved outlook to higher earnings generated by pricing strategies, tariff mitigation efforts, and the inclusion of production credits. The results reflect the success of the company's Project Momentum initiative, launched three years ago to enhance margins and operational agility. With these strong results and optimistic projections, investors are showing renewed confidence in Energizer's growth prospects, as reflected in the significant pre-market stock price surge.