READING, Pa. (AP) — READING, Pa. (AP) — EnerSys (ENS) on Wednesday reported fiscal fourth-quarter earnings of $60.9 million.
On a per-share basis, the Reading, Pennsylvania-based company said it had profit of $1.48. Earnings, adjusted for restructuring costs and asset impairment costs, came to $2.08 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.
The maker of industrial batteries posted revenue of $910.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $899.8 million.
For the year, the company reported profit of $269.1 million, or $6.50 per share. Revenue was reported as $3.58 billion.
For the current quarter ending in June, EnerSys expects its per-share earnings to range from $1.93 to $2.03.
The company said it expects revenue in the range of $860 million to $900 million for the fiscal first quarter.
EnerSys expects full-year earnings in the range of $8.55 to $8.95 per share, with revenue ranging from $3.68 billion to $3.83 billion.
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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
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