READING, Pa. (AP) — READING, Pa. (AP) — EnerSys (ENS) on Wednesday reported net income of $70.1 million in its fiscal first quarter.
The Reading, Pennsylvania-based company said it had net income of $1.71 per share. Earnings, adjusted for one-time gains and costs, came to $1.98 per share.
The maker of industrial batteries posted revenue of $852.9 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $877.6 million.
For the current quarter ending in September, EnerSys expects its per-share earnings to range from $2.05 to $2.15.
The company said it expects revenue in the range of $880 million to $920 million for the fiscal second quarter.
EnerSys expects full-year earnings in the range of $8.80 to $9.20 per share, with revenue ranging from $3.74 billion to $3.89 billion.
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