EnerSys posts Q2 earnings beat, revenue miss and announces $320 million Ultralife acquisition
EnerSys reported fiscal Q2 2027 non‑GAAP earnings of $3.22 per share, topping consensus by $0.02, while revenue came in at $949.9 million, below forecasts. The company forecast Q3 net sales of $935 million‑$975 million and adjusted EPS of $3.05‑$3.15, both under analyst expectations. It also disclosed a plan to acquire battery‑technology provider Ultralife for an enterprise value of about $320 million, with closing expected in early 2027. Shares slipped in after‑hours trading following the release.
Why it matters
The earnings beat may support short‑term price stability, but the revenue shortfall and below‑consensus guidance could pressure the stock. The Ultralife deal adds lithium‑technology capabilities and is expected to generate $15‑$20 million of annual run‑rate cost synergies within 18 months, potentially enhancing future earnings.
Key facts
- 1Q2 non‑GAAP EPS was $3.22, beating estimates by $0.02. investing.com
- 2Q2 revenue was $949.9 million, missing consensus forecasts. finance.yahoo.com
- 3Q3 net sales guidance is $935 million‑$975 million. seekingalpha.com
- 4Q3 adjusted EPS guidance is $3.05‑$3.15 per share. seekingalpha.com
- 5EnerSys agreed to acquire Ultralife for an enterprise value of approximately $320 million. finance.yahoo.com
- 6Free cash flow in Q2 was $130 million. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.