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Jan 03, 2021
EnerSys Q3 2021 Earnings Report
EnerSys reported third quarter fiscal 2021 results with net sales of $751.1 million and adjusted EPS of $1.27.
Key Takeaways
EnerSys reported a decrease of 2% in net sales compared to the prior year, with net sales reaching $751.1 million. The adjusted EPS for the third quarter was $1.27, exceeding the company's guidance. Demand remained strong, and the company made excellent progress on strategic initiatives. The company expects to achieve between $1.25 and $1.31 per share in as-adjusted Q4 earnings as production output improves.
Net sales of $751M up 6% sequentially
Gross Profit Margins steady at 25%
Operating Expenses remain flexed
Operating earnings up YOY
EnerSys
EnerSys
EnerSys Revenue by Segment
Forward Guidance
EnerSys expects to achieve between $1.25 and $1.31 per share in as-adjusted Q4 earnings as production output improves.
Revenue & Expenses
Visualization of income flow from segment revenue to net income