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.
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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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