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Compared to Estimates, Energizer (ENR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended March 2024, Energizer Holdings (ENR - Free Report) reported revenue of $663.3 million, down 3% over the same period last year. EPS came in at $0.72, compared to $0.64 in the year-ago quarter.
The reported revenue represents a surprise of +0.05% over the Zacks Consensus Estimate of $662.96 million. With the consensus EPS estimate being $0.67, the EPS surprise was +7.46%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Energizer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Batteries & Lights: $481 million compared to the $484.80 million average estimate based on four analysts. The reported number represents a change of -4.9% year over year.
Net Sales- Auto Care: $182.30 million compared to the $178.17 million average estimate based on four analysts. The reported number represents a change of +2.3% year over year.
Segment Profit- Auto Care: $40.40 million versus the two-analyst average estimate of $30.10 million.
Segment Profit- Batteries & Lights: $113.50 million versus $114.37 million estimated by two analysts on average.
Shares of Energizer have returned +3.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Energizer (ENR) Q2 Earnings: A Look at Key Metrics
For the quarter ended March 2024, Energizer Holdings (ENR - Free Report) reported revenue of $663.3 million, down 3% over the same period last year. EPS came in at $0.72, compared to $0.64 in the year-ago quarter.
The reported revenue represents a surprise of +0.05% over the Zacks Consensus Estimate of $662.96 million. With the consensus EPS estimate being $0.67, the EPS surprise was +7.46%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Energizer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Batteries & Lights: $481 million compared to the $484.80 million average estimate based on four analysts. The reported number represents a change of -4.9% year over year.
- Net Sales- Auto Care: $182.30 million compared to the $178.17 million average estimate based on four analysts. The reported number represents a change of +2.3% year over year.
- Segment Profit- Auto Care: $40.40 million versus the two-analyst average estimate of $30.10 million.
- Segment Profit- Batteries & Lights: $113.50 million versus $114.37 million estimated by two analysts on average.
View all Key Company Metrics for Energizer here>>>Shares of Energizer have returned +3.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.