NYSE$ENS

EnerSys · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

EnerSys reported results for the first quarter of fiscal year 2021, which ended on July 5, 2020.

EnerSys reported net sales of $705 million, a 10% decrease year-over-year, with Motive Power significantly impacted by COVID-19 while Energy Systems and Specialty segments performed better. The company generated $117 million in operating cash flow and managed to maintain gross profit margins at 25%.

  • Net sales of $705M down 10% YoY as COVID disrupted Motive Power while Energy Systems and Specialty fared better
  • Gross Profit Margins steady at 25%
  • Operating Expenses flexed with volume
  • Operating Cash Flow of $117M was strong

Headline financials

Total Revenue

$705M

Previous: $52.4M+1245.2%
EPS (adj)

$0.92

Previous: $1.30-29.2%
Change in Sales due to Organic Volume

-11.0%

No prior period
Change in Sales due to Pricing

-1.0%

No prior period
Capital Expenditures

-$26.3M

Previous: -$17.3M-52.1%
Free Cash Flow

$22.3M

Previous: $28.5M-21.9%
Net Income

$48.6M

Previous: $45.9M+6.1%
Operating Income

$53.2M

Previous: $68.3M-22.1%
Gross Profit

$175M

Previous: $202M-13.2%
Cash & Equivalents

$384M

Previous: $262M+46.6%
Total Assets

$3.28B

Previous: $3.18B+3.2%
Stock-Based Comp

$5.05M

Previous: $3.87M+30.4%

Revenue & EPS history

EnerSys · Revenue · Quarterly

$705M

Q1 2021+1,245.2%vs Q1 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

EnerSys · $705M total across 3 segments · Q1 2021

  • Energy Systems
    $353M-0.1%
  • Motive Power
    $263M-23.7%
  • Specialty
    $88.7M+8.2%

Forward guidance

EnerSys expects to resume guidance when its ability to assess the global Motive Power market’s recovery becomes clearer.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.1%

Avg return

Earnings day

+1.1%

Avg return

5 days after

-0.6%

Avg return

30 days after

51%

35 / 69 earnings

Positive

+14.2%

Q2 2023

Best reaction

-14.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+11.4%+13.7%+6.5%
Q3 2026-13.9%-6.1%-16.2%
Q2 2026+1.4%+9.2%+16.4%
Q1 2026+3.5%+8.2%+14.0%
Q4 2025-14.8%-11.9%-12.9%
Q3 2025+2.8%+7.4%+7.9%
Q2 2025-3.4%+1.0%-4.4%
Q1 2025-2.0%-0.8%+0.5%
Q4 2024+11.4%+10.6%+9.6%
Q3 2024-6.6%-7.1%-3.6%
Q2 2024-3.8%-1.7%+5.6%
Q1 2024-12.3%-7.3%-5.8%
Q4 2023+12.2%+14.8%+19.4%
Q3 2023+4.5%+6.6%-4.0%
Q2 2023+14.2%+15.9%+12.5%
Q1 2023+1.4%+6.0%-4.0%
Q4 2022+9.9%+11.7%-3.9%
Q3 2022-0.4%-3.7%-0.4%
Q2 2022-3.6%-2.9%-10.1%
Q1 2022-4.4%-6.8%-18.9%
Q4 2021+4.0%+3.2%+7.0%
Q3 2021-1.5%-2.0%+7.2%
Q2 2021-5.5%+0.4%+2.5%
Q1 2021+3.9%+1.6%-9.5%
Q4 2020+1.3%+15.3%-1.4%
Q3 2020-7.3%-7.1%-21.6%
Q2 2020-3.2%-4.0%-0.5%
Q1 2020-10.5%-11.0%-9.3%
Q4 2019-2.6%-3.9%+14.1%
Q3 2019-10.8%-20.4%-22.4%
Q2 2019+4.7%+0.6%-6.5%
Q1 2019-5.2%-7.2%+2.2%
Q4 2018+1.1%+1.1%-5.6%
Q3 2018+6.9%+6.6%+11.4%
Q2 2018+2.3%-1.7%-0.6%
Q1 2018-11.2%-11.7%-10.8%
Q4 2017-11.5%-7.5%-13.5%
Q3 2017-0.3%+0.4%-2.8%
Q2 2017+10.1%+18.2%+25.0%
Q1 2017+7.5%+8.1%+4.7%
Q4 2016+7.0%+8.3%-0.2%
Q3 2016-0.3%
Q2 2016+3.2%
Q1 2016-9.3%
Q4 2015+1.5%
Q3 2015-2.6%
Q2 2015-1.5%
Q1 2015-9.3%
Q4 2014+2.5%
Q3 2014+9.1%
Q2 2014-0.5%
Q1 2014+0.1%
Q4 2013+2.5%
Q3 2013-0.9%
Q2 2013-0.6%
Q1 2013+7.0%
Q4 2009+2.8%
Q4 2012+2.8%
Q3 2012+6.7%
Q2 2012+11.2%
Q1 2012-0.2%
Q4 2011-4.0%
Q3 2011+3.7%
Q3 2010+3.7%
Q2 2011+7.8%
Q2 2010+7.8%
Q1 2011-8.4%
Q1 2010-8.4%
Q4 2010-8.4%

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