The ALPS Electrification Infrastructure ETF (ELFY) rose 4.77% in June, driven by record extreme heat, rising electricity consumption from artificial intelligence data centers, and renewed focus on U.S. grid modernization. Industrials Led ELFY's Sector Performance Backup power manufacturer Generac (GNRC) rallied 17.26%, as power outages from extreme weather underscored demand for reliable energy sources.
Investors have been snapping up shares of Generac amid heat wave and start of hurricane season. The company is on track for its sixth straight day of gains and best week since November 2024.
Generac Holdings (GNRC) reported earnings 30 days ago. What's next for the stock?
Generac Holdings has transformed from a generator manufacturer to an integrator of complex energy solutions, achieving 6.8% revenue growth and a 3% EBITDA margin increase in 2024. GNRC dominates the home backup generator market and is expanding into energy storage and smart home solutions, with significant investments in new technologies and acquisitions. Despite a slight decline in the commercial segment, strong demand for home backup systems is expected to drive 2025 revenue to $4.558 billion, with a projected 18-19% EBITDA margin.
Generac Holdings Inc. (NYSE:GNRC ) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Corporate 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 George Gianarikas - Canaccord Mike Halloran - Baird Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Jerry Revich - Goldman Sachs Mark Strouse - JPMorgan Keith Housum - Northcoast Research Jon Windham - UBS Jordan Levy - Truist Securities Sean Milligan - Janney Operator Hello, and welcome to Generac Holdings, Inc., First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
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.