ENR News

Energizer (ENR) delivered earnings and revenue surprises of 2.78% and 0.00%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

UM, the global marketing and media agency network of IPG Mediabrands, today announced it has been named global media Agency of Record for Energizer Holdings, Inc., (NYSE: ENR) ("Energizer"), the world's leading manufacturer of batteries, portable lighting and automotive care products. UM was first awarded Energizer's North America media planning and buying duties in February 2019. In late 2019, Energizer appointed UM U.S. media duties for its growing portfolio of brands, including Armor All, the nation's 1 brand for automotive appearance products, and battery and lights brand, Rayovac.

Energizer Holdings, Inc. (ENR) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Energizer Holdings Inc. said Wednesday it expects to report fiscal second-quarter revenue of $587 million, which is up 5.5% from a year ago, but slightly below the FactSet consensus of $590 million. The battery maker said the results were driven by "strong" consumer demand for batteries in March, which is associated with the COVID-19 pandemic. Energizer said it has withdrawn its full-year guidance. Separately, the company said it has "fully drawn" its revolving credit facility, to increase liquidity in case future COVID-19-related developments negatively impact business operations, giving it $484 million in cash and cash equivalents. The stock, which rose 1.5% in premarket trading, has dropped 25.4% over the past three months, while the S&P 500 has declined 13.5%.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Energizer (ENR) withdraws the fiscal 2020 view on the COVID-19 impacts despite sturdy preliminary second-quarter fiscal 2020 results. Management undertakes various efforts to combat the crisis.

Despite impressive second-quarter fiscal 2020 results driven by gains from buyouts and lower costs, management withdraws its fiscal view, given the unprecedented COVID-19 impacts.

Will the world be able to enjoy live sports with fans in attendance? The answer is "likely and slowly," Gabelli Asset Management CEO Mario Gabelli said Thursday on a Fox Business interview. In the meantime, Gabelli is buying shares of a few non-media companies.Trinity Industries Gabelli on Thursday bought 100,000 shares of Trinity Industries Inc (NYSE: TRN), a provider of rail transportation products and services across North America. The rationale behind the stock is based on expectations for an upcoming infrastructure and transportation bill as part of a fiscal stimulus package.Trinity's market capitalization is sitting south of $2 billion, which represents an attractive valuation that can grow over the coming years. The stock is also closely watched by activist investor ValueAct, which reported a stake of more than 10% in February.Energizer Holdings Similar to Trinity, Gabelli said Energizer Holdings Inc (NYSE: ENR) is worth less than $2 billion and the stock can run "a long way" over the coming years. The battery-maker is run by CEO Alan Hoskins who is doing a "great job"Dana Holding Auto part maker Dana Inc (NYSE: DAN) may seem like an odd stock purchase at a time when auto sales are ground to a near-halt. But Gabelli recalled a lesson he learned five decades ago: "How bad is bad, how long is it going to be bad, how good is good, and which stocks have already discounted bad and which ones have a vision for the future."In Dana's case, Gabelli said the company certainly has a vision for the future through a focus on the electric automotive market.Passing On Madison Square Garden Madison Square Garden Co (NYSE: MSG) deserves credit for spinning off into two entities, one to include venues and the other will consist of the sports teams. This move was "long overdue" but before investing in either, Gabelli said he needs to see the numbers for each as he has a "pretty good guess."Related Links:This Economist Projects 3 Quarters Of GPD Contraction In Coronavirus RecessionTesla Is Still A 'Maximum Short' For ChanosSee more from Benzinga * Booking Holdings CEO: People Are Scared To Travel, But It Will Pass * Tesla Is Still A 'Maximum Short' For Chanos * Jim Chanos Talks Latest Major Short Win And How To Find New Opportunities(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Q2 2020 Energizer Holdings Inc Earnings Call

Energizer Holdings, Inc. (NYSE: ENR) today announced results for the second fiscal quarter, which ended March 31, 2020. Net earnings from continuing operations were $13.7 million, or $0.14 per diluted common share, compared to a net loss from continuing operations of $62.3 million, or a $0.97 loss per diluted common share, in the prior year second quarter. Adjusted Net earnings from continuing operations in the second quarter were $29.9 million, or $0.37 per diluted common share, compared to Adjusted Net earnings from continuing operations of $16.8 million, or $0.20 per diluted common share in the second quarter of 2019.

Energizer Holdings, Inc. (NYSE: ENR) (the "Company") today announced the pricing, on April 15, 2020, of its add-on offering of $250 million to its existing 6.375% senior notes due 2026 (the "Notes"). The size of the offering reflects an increase of $50 million in aggregate principal amount of the Notes from the previously announced offering size of $200 million. The Notes will be sold to investors at 102.250% of the principal amount thereof, plus accrued interest from January 15, 2020. The Notes will be guaranteed, jointly and severally, on an unsecured basis, by certain of the Company's domestic restricted subsidiaries.

Energizer Holdings, Inc. (NYSE: ENR) announced preliminary results for its second fiscal quarter of 2020 ended March 31, 2020. The Company expects to report net sales of approximately $587 million, compared to $556 million in the prior year, driven in part by organic sales growth of approximately 2.7 percent, and adjusted EBITDA in the range of $120 to $125 million, compared to $101 million. These results reflect strong battery category growth in the month of March driven in part by strong consumer demand associated with the global COVID-19 outbreak.

Energizer (ENR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Today we are going to look at Energizer Holdings, Inc. (NYSE:ENR) to see whether it might be an attractive investment...

Energizer Holdings, Inc. (NYSE: ENR) announced today that Alan Hoskins, Chief Executive Officer; Mark LaVigne, President and Chief Operating Officer; and Tim Gorman, Chief Financial Officer will be featured speakers at the RBC Capital Markets 2020 Consumer and Retail Conference on Wednesday, May 27, 2020.

ENR earnings call for the period ending March 31, 2020.

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Energizer Holdings, Inc. New York, April 17, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Energizer Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

Energizer Holdings, Inc. (NYSE: ENR) (the "Company") today announced the commencement of a $200 million Add-on offering to the 6.375% senior notes due 2026 (the "Notes") in a private offering, subject to market and other customary conditions. The Notes will be guaranteed, jointly and severally, on an unsecured basis, by certain of the Company's domestic restricted subsidiaries. The notes will bear an interest rate of 6.375% and the offering price will be determined at the time of pricing of the offering.

The number of U.S. cases of the coronavirus that causes COVID-19 rose above 610,000 on Wednesday, as President Donald Trump suspended funding to the World Health Organization, drawing criticism from other world leaders and health officials during the middle of the pandemic.