Battery maker Energizer beats Q4 revenue estimates on acquisition-related sales

Reuters
Nov 18
Battery maker Energizer beats Q4 revenue estimates on acquisition-related sales

Overview

  • Energizer Q4 net sales rose 3.4%, slightly beating analyst expectations

  • Adjusted EPS for Q4 missed analyst expectations

  • Company extends Project Momentum to focus on tariff mitigation and efficiency

Outlook

  • Energizer expects fiscal 2026 organic net sales to be flat to slightly up

  • Gross margin expected to modestly decline due to tariffs

  • Adjusted EPS for fiscal 2026 projected between $3.30 and $3.60

Result Drivers

  • ACQUISITION IMPACT - Q4 net sales increase driven by acquisition-related sales, partially offset by organic decline

  • PROJECT MOMENTUM - Initiative delivered over $200 mln in savings, extended to mitigate tariffs and improve efficiency

  • GROSS MARGIN DECLINE - Decline due to increased input costs and lower margin profile of APS business, offset by tax credits

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Slight Beat*

$832.80 mln

$827.96 mln (5 Analysts)

Q4 Adjusted EPS

Miss

$1.05

$1.12 (7 Analysts)

Q4 EPS

$0.50

Q4 Gross Margin

36.60%

Q4 Adjusted Gross Margin

38.50%

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "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 Energizer Holdings Inc is $28.50, about 16.3% above its November 17 closing price of $23.85

  • The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nPn7Nsjzta

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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