GNRC's first-quarter results gain from Residential product sales. Management revised outlook for 2025 owing to higher tariffs and a soft macro backdrop.
Generac Holdings (GNRC) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.88 per share a year ago.
GNRC's Q1 performance is likely to have gained from rising power outages, boosting sales of home standby and portable generators amid weakness in the C&I unit.
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.
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.
Generac Holdings (GNRC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Generac augments its portfolio with five powerful generators ranging from 2.25 MW to 3.25 MW, tailored for the evolving data center market.
Paranoia And Uncertainty Should Benefit Generac
GNRC's fourth-quarter 2024 results gain from increasing demand for home standby and portable generators amid soft Commercial & Industrial ("C&I") product sales.
GNRC's fourth-quarter results gain from strengthening Residential product sales. Management initiates outlook for 2025 with revenues forecast to increase 3-7%.
Generac Holdings Inc. (NYSE:GNRC ) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Kris Rosemann - Senior Manager of Corporate Development and IR Aaron Jagdfeld - Chairman President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. George Gianarikas - Canaccord Genuity Mike Halloran - Baird Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Jerry Revich - Goldman Sachs Kashy Harrison - Piper Sandler Mark Strouse - J.P. Morgan Jordan Levy - Truist Securities Keith Housum - Northcoast Research Vikram Bagri - Citi Operator Hello and welcome to Generac Holdings Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call.
The headline numbers for Generac Holdings (GNRC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.