AP NEWS

EnerSys: Fiscal 2Q Earnings Snapshot

November 7, 2019 GMT

READING, Pa. (AP) _ EnerSys (ENS) on Wednesday reported fiscal second-quarter profit of $62.7 million.

On a per-share basis, the Reading, Pennsylvania-based company said it had profit of $1.47. Earnings, adjusted for one-time gains and costs, were $1.23 per share.

The maker of industrial batteries posted revenue of $762.1 million in the period.

EnerSys expects full-year earnings in the range of $1.20 to $1.24 per share.

EnerSys shares have declined 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $71.25, a drop of 16% in the last 12 months.

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