These Analysts Revise Their Forecasts On Generac After Q4 Results

Generac Holdings Inc. (NYSE:GNRC) reported better-than-expected earnings for its fourth quarter on Thursday.

The company posted quarterly earnings of $2.25 per share which beat the analyst consensus estimate of $1.95 per share. The company reported quarterly sales of $1.173 billion which beat the analyst consensus estimate of $1.161 billion.

“Our third quarter results outperformed our expectations as elevated power outage activity drove increased shipments of our residential products and strong execution helped to deliver significant margin expansion,” said Aaron Jagdfeld, President and Chief Executive Officer. “Shipments of home ...