Examining the Future: Generac Hldgs's Earnings Outlook

Generac Hldgs (NYSE:GNRC) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Generac Hldgs to report an earnings per share (EPS) of $1.94.

The announcement from Generac Hldgs is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.14, leading to a 6.54% drop in the share price on the subsequent day.

Here's a look at Generac Hldgs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.21

0.75

2.07

1.51

EPS Actual

1.35

0.88

2.07

1.64

Price Change %

-7.000000000000001%

1.0%

-2.0%

3.0%

Analysts' Perspectives on Generac Hldgs

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Generac Hldgs.

The consensus rating for Generac Hldgs is Buy, derived from 14 analyst ratings. An average one-year price target of $178.14 implies a potential 7.57% upside.

Comparing Ratings with Competitors

The following analysis focuses on the analyst ratings and ...