EnerSys sees Q1 EPS $2.03-$2.13, consensus $2.40

Sees Q1 revenue $830M-$870M, consensus $906.9M. “We remain confident in our ability to effectively manage our business in the evolving macro environment and deliver strong earnings performance,” said Andrea Funk, CFO. “Our fiscal first quarter 2026 guidance reflects typical seasonal volume softness in Motive Power and Transportation exacerbated by short-term macro dynamics. We also expect to absorb some short-term headwinds from stranded tariffs in the quarter. Given the evolving policy environment and pacing of demand normalization, we are pausing full year quantitative guidance. That said, we believe Q1 will mark the low point of our fiscal year. We anticipate full-year adjusted operating earnings growth-excluding 45X benefits-to outpace revenue growth. We expect revenue will be bolstered by our customers’ enthusiasm for our maintenance-free offerings, robust Aerospace and Defense and Data Center markets, and ongoing improvements in our Communications and Transportation businesses. In aggregate, we are on track towards fiscal year 2027 earnings targets outlined at our 2023 Investor Day with strong performance on adjusted operating margin, EBITDA and EPS and future upside potential from the reinvestment of our excess cash flow. Despite near-term challenges, the market need for intelligent, resilient power solutions continues to grow. EnerSys (ENS) is well-positioned for long-term success as we help our customers address critical energy management and workforce challenges. Coming off a record shattering Q4, we are confident in the earnings power of our business and are optimistic about our ability to continue to expand margins, grow revenue, and create long-term value for our shareholders.”