<div id="readability-page-1"><div>Overview<ul><li>EnerSys fiscal Q1 net sales rise 5% to $893 mln, beating estimates, per LSEG data</li><li>Adjusted EPS of $1.11 missed analyst expectations, per LSEG data</li><li>Co announces $1 bln increase in stock repurchase authorization</li></ul>Outlook<ul><li>EnerSys expects Q2 net sales of $870M to $910M</li><li>Company anticipates Q2 adjusted diluted EPS of $2.33 to $2.43</li><li>EnerSys sees Q2 IRC 45X benefits to cost of sales at $35M to $40M</li><li>Company pauses full-year guidance amid policy and macro uncertainties</li></ul>Result Drivers<ul><li>BREN-TRONICS ACQUISITION - Revenue growth driven by Bren-Tronics acquisition, contributing to 4% increase in sales</li><li>COMMUNICATIONS RECOVERY - Continued recovery in U.S. Communications market supported sales growth</li><li>DATA CENTER DEMAND - Robust Data Center deployments bolstered revenue, per CEO Shawn O’Connell</li></ul>Key Details<div><table><tbody><tr><td>Metric</td><td>Beat/Miss</td><td>Actual</td><td>Consensus Estimate</td></tr><tr><td>Q1 Sales</td><td>Beat</td><td>$893 mln</td><td>$848 mln (4 Analysts)</td></tr><tr><td>Q1 Adjusted EPS</td><td>Miss</td><td>$1.11</td><td>$2.05 (4 Analysts)</td></tr><tr><td>Q1 EPS</td><td></td><td>$1.46</td><td></td></tr><tr><td>Q1 Net Income</td><td></td><td>$57.50 mln</td><td></td></tr><tr><td>Q1 Operating Earnings</td><td></td><td>$86.50 mln</td><td></td></tr></tbody></table></div>Analyst Coverage<ul><li>The current average analyst rating on the shares is &#34;buy&#34; and the breakdown of recommendations is 4 &#34;strong buy&#34; or &#34;buy&#34;, 2 &#34;hold&#34; and no &#34;sell&#34; or &#34;strong sell&#34;</li><li>The average consensus recommendation for the electrical components &amp; equipment peer group is &#34;buy&#34;</li><li>Wall Street's median 12-month price target for EnerSys is $101.00, about 9.5% above its August 5 closing price of $91.40</li></ul>Press Release: </div></div>

EnerSys reported a 5% increase in fiscal Q1 net sales to $893 million, surpassing estimates, but adjusted EPS of $1.11 fell short of expectations. The company announced a $1 billion increase in stock repurchase authorization and expects Q2 net sales between $870M and $910M, with adjusted EPS of $2.33 to $2.43. Full-year guidance is paused due to macro uncertainties. Revenue growth was driven by the Bren-Tronics acquisition and recovery in the U.S. Communications market. Analysts maintain a "buy" rating with a median price target of $101.00.

EnerSys Q1 sales beats estimates, pauses FY guidance due to macro uncertainties