ENR Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Energizer (ENR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Energizer's (ENR) third-quarter earnings rise y/y. Despite facing challenges, the company is concentrating on cost-saving measures and pursuing strategic initiatives to strengthen its position.

Although the revenue and EPS for Energizer (ENR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Energizer Holdings (ENR) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.54 per share a year ago.

Net sales for the quarter increased 0.3% driven by organic Net sales growth of 1.2% versus the prior year.1 Gross margin improved 160 basis points over prior year, up 270 basis points on an adjusted basis.1 Non-cash impairment resulted in a loss per share of $0.61. Adjusted Earnings per share were $0.79, an increase of approximately 46% over prior year.1 Paid down $150 million of debt year to date.

Energizer (ENR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ST. LOUIS , July 29, 2024 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) announced that its Board of Directors declared a dividend on its common stock of $0.30 per share. The dividend will be payable on September 10, 2024 to shareholders of record as of the close of business on August 22, 2024.

IRVINE, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Shimmick Corporation (“Shimmick” or the “Company”) (Nasdaq: SHIM), a leading water infrastructure company, today announced that it was once again recently named an Engineering-News Record Top 400 Contractor, ranking No. 193 with $656 million in annual revenue. Shimmick was also named a Top 50 Heavy Domestic contractor, coming in at No. 43 with $611 million in domestic heavy revenue. Notably, Shimmick has consistently maintained its position among the top 200 contractors and the top 50 domestic heavy contractors in North America since it became an independent business in 2021. The complete list of Top 400 Contractors is available on ENR's website.

Kimberly-Clark Ollie's, Bargain Outlet and Energizer have been highlighted in this Industry Outlook article.