05:19 PM EST, 12/17/2024 (MT Newswires) -- EnerSys ( ENS ) said late Tuesday it is raising its adjusted earnings guidance for fiscal Q3 and 2025 due to incremental benefits from tax credits.

The company updated its fiscal Q3 adjusted earnings outlook to $3.00 to $3.10 per diluted share from $2.20 to $2.30, previously. Analysts polled by FactSet expect $2.23.

EnerSys ( ENS ) also raised fiscal 2025 adjusted earnings guidance to $9.65 to $9.95 per diluted share from the previous outlook of $8.75 to $9.05. Analysts polled by FactSet expect $8.85.

Shares of the company were up 3.8% in after-hours activity.

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