ENR Stock Recent News
ENR LATEST HEADLINES
ENR's strategic growth, cost-saving initiatives and strong technical indicators position it well for long-term success, offering attractive value for investors.
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 Holdings Inc ENR shares were climbing in early trading on Tuesday.
Energizer (ENR) is well-positioned for long-term success and shareholder value, with a focus on consumer engagement, market expansion, innovation and effective debt reduction.
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.