Generac Holdings (GNRC) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.64 per share a year ago.
GNRC's third-quarter performance is likely to have gained from strength in the home standby generators category.
Generac Holdings (GNRC) 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.
In collaboration with the CWA, GNRC has been selected by the U.S. DOE to enter negotiations for a $50 million award through the GRIP program.
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Generac Holdings (GNRC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Generac (GNRC) CEO Aaron Jagdfeld joins Seana Smith and Madison Mills on Catalysts to discuss how Hurricane Milton has contributed to increased demand for the generator manufacturer's products. The company's stock reached a 52-week high this week as the extreme weather conditions drive up generator demand.
Generac Chairman, President, and CEO Aaron Jagdfeld joins 'Mad Money' host Jim Cramer to talk the need for generators as natural disasters grow in frequency and severity.
Generac Chairman, President, and CEO Aaron Jagdfeld joins 'Mad Money' host Jim Cramer to talk the need for generators as natural disasters grow in frequency and severity.
Aaron Jagdfeld, CEO of generator company Generac, warned that the pressure on the power grid is only going to increase, burdened by a massive crop of new data centers and more severe weather. Jagdfeld said that during the first nine months of 2024, 1.2 billion hours were lost to outages in the U.S.
Buy rating for Generac Holdings due to expected surge in generator demand from Hurricanes Helene and Milton, driving significant near-term earnings growth. Historical performance shows GNRC's earnings and valuation multiples spike during major hurricanes, suggesting similar trends with current climate events. Strong free cash flow and history of share buybacks provide additional upside potential, enhancing shareholder value.