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The latest update is out from EnerSys ( (ENS) ).
EnerSys announced that it will benefit from the Advanced Manufacturing Production Credit under Section 45X of the Internal Revenue Code, leading to incremental tax credits of approximately $3 million to $4 million per quarter. As a result, EnerSys has increased its adjusted diluted earnings per share guidance for fiscal third quarter 2025 and full year fiscal 2025, reflecting the positive financial impact of these tax credits on its operations.
More about EnerSys
EnerSys is a global leader in stored energy solutions for industrial applications, offering products such as energy systems solutions, motive power batteries, specialty batteries, battery chargers, and power equipment. The company serves various industries including telecommunications, broadband, utilities, aerospace, defense, and electric vehicles, providing support in over 100 countries.
YTD Price Performance: -7.22%
Average Trading Volume: 246,567
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.69B
Find detailed analytics on ENS stock on TipRanks’ Stock Analysis page.
