EnerSys (NYSE: ENS ), a global leader in stored energy solutions, reported robust fourth-quarter and full-year fiscal 2024 results, meeting its revenue target with $911 million and surpassing earnings expectations with $2.08 per share. The company announced the strategic acquisition of Bren-Tronics, intending to enhance its defense applications and lithium product offerings.

EnerSys is also focusing on sustainability, having made significant progress in reducing emissions. Looking ahead, the company provided guidance for the first quarter and full fiscal year 2025, expecting net sales between $860 million and $900 million, and adjusted diluted EPS of $1.93 to $2.

03 for Q1, and net sales between $3.675 billion and $3.825 billion, with adjusted diluted EPS of $8.

55 to $8.95 for the full year. EnerSys remains confident in its strategic plan and its ability to deliver long-term shareholder value.

Key Takeaways Adjusted earnings per share reached $2.08, at the high end of EnerSys's guidance. Q4 revenue was $911 million, consistent with expectations.

The acquisition of Bren-Tronics aims to boost defense applications and lithium products. EnerSys is committed to sustainability, with reduced emissions and energy intensity. FY 2025 guidance anticipates net sales between $3.

675 billion and $3.825 billion, and adjusted diluted EPS of $8.55 to $8.

95. Company Outlook EnerSys projects Q1 FY 2025 net sales between $860 million and $900 million, with adjusted diluted EPS of $1.93 to $2.

03. F.