READING, Pa. (AP) — READING, Pa. (AP) — EnerSys (ENS) on Wednesday reported fiscal third-quarter profit of $114.8 million.
On a per-share basis, the Reading, Pennsylvania-based company said it had profit of $2.88. Earnings, adjusted for non-recurring costs, were $3.12 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.03 per share.
The maker of industrial batteries posted revenue of $906.2 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $934.6 million.
For the current quarter ending in March, EnerSys expects its per-share earnings to range from $2.75 to $2.85.
The company said it expects revenue in the range of $960 million to $1 billion for the fiscal fourth quarter.
EnerSys expects full-year earnings in the range of $9.97 to $10.07 per share, with revenue ranging from $3.6 billion to $3.64 billion.
_____
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.