Energizer Stock: Q1 Profit Soars, Outlook Brightens

Energizer Holdings demonstrated robust financial performance in the first quarter of fiscal 2025, with net earnings surging to $22.3 million, translating to $0.30 per share—a dramatic improvement from $1.9 million or $0.03 per share in the previous year. The battery manufacturer exceeded market expectations with adjusted earnings per share of $0.67, surpassing analyst projections of $0.65. Revenue growth showed promising momentum, climbing 2.1% to reach $731.7 million, while organic growth achieved an even more impressive 3.8%. The battery segment particularly excelled, recording a volume increase of 3.8%, driven by expanded distribution channels and heightened demand during hurricane season.

Management Raises Growth Forecast

Building on this strong start, Energizer's leadership has revised its annual outlook upward, now projecting organic revenue growth between 2% and 3%, with total revenue expected to increase by 1% to 2%. The company maintains its earnings per share guidance of $3.45 to $3.65. Looking ahead to the second quarter, Energizer anticipates revenue growth of up to 1% and adjusted earnings per share between $0.60 and $0.70. Additionally, the company's improved financial position has enabled further reduction in net debt, strengthening its appeal to investors.

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Source StockWorld