EnerSys: Fiscal 1Q Earnings Snapshot

August 8, 2018

READING, Pa. (AP) _ EnerSys (ENS) on Wednesday reported fiscal first-quarter profit of $45.9 million.

The Reading, Pennsylvania-based company said it had profit of $1.08 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were $1.17 per share.

The maker of industrial batteries posted revenue of $670.9 million in the period.

For the current quarter ending in October, EnerSys expects its per-share earnings to range from $1.14 to $1.18.

EnerSys shares have risen 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $79.83, an increase of 9 percent in the last 12 months.


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