NYSE$ENS

EnerSys · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

EnerSys reported record net sales with strong demand across all LoBs, but supply chain issues impacted shipments and earnings. Aggressive pricing actions offset sequential inflation, and strategic technology initiatives progressed.

EnerSys reported a 12% increase in net sales to $844 million, driven by strong demand and pricing actions. EPS was $0.85, and adjusted EPS was $1.01, exceeding guidance. The company's backlog grew to $1.2 billion. They expect adjusted diluted earnings per share to be between $1.11 and $1.21 in the fourth fiscal quarter.

  • Record net sales of $844M, up 12% vs. Q3'21.
  • Strong demand across all LoBs.
  • Backlog grew to $1.2B.
  • Aggressive price/mix offsetting record sequential inflation.

Headline financials

Total Revenue

$844M

Previous: $751M+12.4%
EPS (adj)

$1.01

Previous: $1.27-20.5%
Change in Sales due to Organic Volume

10.0%

No prior period
Change in Sales due to Pricing

3.0%

No prior period
Capital Expenditures

-$52.4M

Previous: -$53.7M+2.6%
Free Cash Flow

-$16.1M

Previous: -$15.1M-6.4%
Net Income

$36.3M

Previous: $38.6M-6.1%
Operating Income

$51.2M

Previous: $56.1M-8.7%
Gross Profit

$184M

Previous: $189M-2.6%
Cash & Equivalents

$397M

Previous: $489M-18.7%
Total Assets

$3.59B

Previous: $3.48B+3.3%
Stock-Based Comp

$6.39M

Previous: $6.4M-0.0%

Revenue & EPS history

EnerSys · Revenue · Quarterly

$844M

Q3 2022+12.4%vs Q3 2021
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

EnerSys · $844M total across 3 segments · Q3 2022

  • Energy Systems
    $385M+14.2%
  • Motive Power
    $340M+11.5%
  • Specialty
    $119M+8.9%

Forward guidance

EnerSys expects adjusted diluted earnings per share to be between $1.11 and $1.21 in the fourth fiscal quarter.

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 Q3 2022

Historical avgQ3 2022

+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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