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Compared to Estimates, Energizer (ENR) Q3 Earnings: A Look at Key Metrics

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Energizer Holdings (ENR - Free Report) reported $701.4 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.3%. EPS of $0.79 for the same period compares to $0.54 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $705.12 million, representing a surprise of -0.53%. The company delivered an EPS surprise of +17.91%, with the consensus EPS estimate being $0.67.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Energizer performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales by products- Batteries & Lights

    : $509.10 million versus the four-analyst average estimate of $513.75 million. The reported number represents a year-over-year change of -0.4%.
  • Net Sales by products- Auto Care

    : $192.30 million compared to the $191.37 million average estimate based on four analysts. The reported number represents a change of +2.2% year over year.
  • Segment Profit- Auto Care

    : $26.80 million versus the two-analyst average estimate of $24.72 million.
  • Segment Profit- Batteries & Lights

    : $129.40 million versus $128.50 million estimated by two analysts on average.
View all Key Company Metrics for Energizer here>>>

Shares of Energizer have returned -0.5% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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