Global Finance News
13 Aug 2026, 10:11
EnerSys Stock Jumps 11% Premarket as Earnings Surge and Data Center Demand Strengthens
EnerSys (NYSE: ENS) shares jumped 11% in premarket trading Thursday after the energy-storage company reported strong fiscal first-quarter 2027 results, highlighted by sharply higher earnings, margin expansion and continued momentum in data centers, communications and aerospace and defense.
Net sales rose 5% year over year to $936 million, while gross margin expanded 510 basis points to 33.5%. GAAP diluted EPS more than doubled to $3.09, while adjusted EPS surged 64% to $3.66. Even excluding IRC 45X benefits and a one-time tariff refund, adjusted EPS increased 42%, indicating substantial improvement in the underlying business.
The earnings performance appears to be a major driver of the premarket rally. Adjusted EPS of $3.66 came in well above EnerSys' previous guidance range of $2.80-$2.90.
Data Centers Support Growth Outlook
EnerSys said momentum across data centers, communications and aerospace and defense is generating strong sales growth and margin expansion, helping offset continued weakness in material handling.
For the fiscal second quarter, the company expects revenue of $955 million-$995 million and adjusted EPS of $3.15-$3.25. Management also expects continued strength across data centers, communications and aerospace and defense, alongside early signs of recovery in transportation.
Adding to the positive shareholder story, EnerSys raised its quarterly dividend by 10% to $0.2875 per share. The combination of a sizable earnings beat, expanding margins and exposure to growing data-center infrastructure demand appears to be fueling Thursday's 11% premarket gain.
EnerSys (NYSE: ENS) shares jumped 11% in premarket trading Thursday after the energy-storage company reported strong fiscal first-quarter 2027 results, highlighted by sharply higher earnings, margin expansion and continued momentum in data centers, communications and aerospace and defense.
Net sales rose 5% year over year to $936 million, while gross margin expanded 510 basis points to 33.5%. GAAP diluted EPS more than doubled to $3.09, while adjusted EPS surged 64% to $3.66. Even excluding IRC 45X benefits and a one-time tariff refund, adjusted EPS increased 42%, indicating substantial improvement in the underlying business.
The earnings performance appears to be a major driver of the premarket rally. Adjusted EPS of $3.66 came in well above EnerSys' previous guidance range of $2.80-$2.90.
Data Centers Support Growth Outlook
EnerSys said momentum across data centers, communications and aerospace and defense is generating strong sales growth and margin expansion, helping offset continued weakness in material handling.
For the fiscal second quarter, the company expects revenue of $955 million-$995 million and adjusted EPS of $3.15-$3.25. Management also expects continued strength across data centers, communications and aerospace and defense, alongside early signs of recovery in transportation.
Adding to the positive shareholder story, EnerSys raised its quarterly dividend by 10% to $0.2875 per share. The combination of a sizable earnings beat, expanding margins and exposure to growing data-center infrastructure demand appears to be fueling Thursday's 11% premarket gain.
