EnerSys raises FY2025 adjusted EPS guidance to $9.65-$9.95 on incremental IRA 45X tax credits

EnerSys

Incremental quarterly tax credit benefit of $3M-$4M leads to one-time catch-up of $30M-$35M.
Q3 FY25 adjusted EPS guidance raised to $3.00-$3.10 from $2.20-$2.30.
Full year FY2025 adjusted EPS guidance raised to $9.65-$9.95 from $8.75-$9.05.
Annual Section 45X credit range expanded to $135M-$175M from prior $120M-$160M.
First tax refund expected by end of FY2025; credits run through December 31, 2032.

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