Energizer Q1 Income Surges; Q2 Outlook Lowers Shares

Energizer Holdings Inc. reported a significant increase in its first-quarter net income to $22.3 million, up from $1.9 million the previous year, driven by increased demand due to hurricanes and expanded distribution. Adjusted earnings per share were $0.67, surpassing analysts' expectations of $0.65. Despite higher-than-expected quarterly results, the company's second-quarter profit outlook fell below analyst forecasts, causing a decline in share prices. For fiscal 2025, Energizer projects net sales growth of 1% to 2% and adjusted earnings per share of $3.45 to $3.65. Simultaneously, EnerSys is predicted by analysts to post a quarterly earnings increase of 18.4% to $3.03 per share, with revenues expected to rise by 8.5%, reflecting analysts' confidence in the company's performance.