We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Energizer (ENR) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
Wall Street analysts forecast that Energizer Holdings (ENR - Free Report) will report quarterly earnings of $1.17 per share in its upcoming release, pointing to a year-over-year decline of 2.5%. It is anticipated that revenues will amount to $809.32 million, exhibiting a decline of 0.2% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Energizer metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Net Sales by products- Batteries & Lights' reaching $653.97 million. The estimate indicates a change of -0.3% from the prior-year quarter.
The consensus among analysts is that 'Net Sales by products- Auto Care' will reach $155.35 million. The estimate suggests a change of +0.2% year over year.
The combined assessment of analysts suggests that 'Segment Profit- Auto Care' will likely reach $19.69 million. Compared to the current estimate, the company reported $17.60 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Segment Profit- Batteries & Lights' should arrive at $180.23 million. Compared to the current estimate, the company reported $176.80 million in the same quarter of the previous year.
Shares of Energizer have demonstrated returns of +3.4% over the past month compared to the Zacks S&P 500 composite's +3.1% change. With a Zacks Rank #4 (Sell), ENR is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Energizer (ENR) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Wall Street analysts forecast that Energizer Holdings (ENR - Free Report) will report quarterly earnings of $1.17 per share in its upcoming release, pointing to a year-over-year decline of 2.5%. It is anticipated that revenues will amount to $809.32 million, exhibiting a decline of 0.2% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Energizer metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Net Sales by products- Batteries & Lights' reaching $653.97 million. The estimate indicates a change of -0.3% from the prior-year quarter.
The consensus among analysts is that 'Net Sales by products- Auto Care' will reach $155.35 million. The estimate suggests a change of +0.2% year over year.
The combined assessment of analysts suggests that 'Segment Profit- Auto Care' will likely reach $19.69 million. Compared to the current estimate, the company reported $17.60 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Segment Profit- Batteries & Lights' should arrive at $180.23 million. Compared to the current estimate, the company reported $176.80 million in the same quarter of the previous year.
View all Key Company Metrics for Energizer here>>>
Shares of Energizer have demonstrated returns of +3.4% over the past month compared to the Zacks S&P 500 composite's +3.1% change. With a Zacks Rank #4 (Sell), ENR is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>