EnerSys: Fiscal Q2 Earnings Snapshot

READING, Pa. (AP) — READING, Pa. (AP) — EnerSys (ENS) on Wednesday reported fiscal second-quarter profit of $89.6 million.

The Reading, Pennsylvania-based company said it had profit of $2.42 per share. Earnings, adjusted for one-time gains and costs, were $3.22 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.19 per share.

The maker of industrial batteries posted revenue of $949.9 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $967.6 million.

For the current quarter ending in December, EnerSys expects its per-share earnings to range from $3.05 to $3.15.

The company said it expects revenue in the range of $935 million to $975 million for the fiscal third quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENS at https://www.zacks.com/ap/ENS