Generac Holdings Inc. (NYSE:GNRC) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Kris Rosemann - Senior Manager-Corporate Development and Investor Relations Aaron Jagdfeld - President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. George Gianarikas - Canaccord Genuity Michael Halloran - Robert W. Baird & Co. Jeffrey Hammond - KeyBanc Capital Markets Inc. Brian Drab - William Blair & Co. Jerry Revich - Go ...

Generac Holdings (GNRC) reported $889.27 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.2%. EPS of $0.88 for the same period compares to $0.63 a year ago.The reported revenue represents a surprise of +0.43% over the Zacks Consensus Estimate of $885.51 million. With the consensus EPS estimate being $0.72, the EPS surprise was +22.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

Generac Holdings Inc (GNRC) reported first-quarter 2024 adjusted earnings per share (EPS) of 88 cents, which beat the Zacks Consensus Estimate of 72 cents. GNRC reported adjusted EPS of 63 cents in the prior-year period.Net sales came in at $889.3 million compared with $887.9 million in the prior-year quarter. The figure also topped the consensus estimate of $885.5 million. An increase in Residential product sales cushioned the top-line performance.  In the quarter under review, core sales growth (excluding ...

Generac Holdings (GNRC) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.22%. A quarter ago, it was expected that this generator maker would post earnings of $2.10 per share when it actually produced earnings of $2.07, delivering a surprise of -1.43%.Over the last four quarters, the ...

Exhibit 99.1 Generac Reports First Quarter 2024 Results WAUKESHA, WISCONSIN (May 1, 2024) – Generac Holdings Inc. (NYSE: GNRC) ("Generac" or the "Company"), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its first quarter ended March 31, 2024 and provided an update on its outlook for the full-year 2024. First Quarter 2024 Highlights "First quarter results exceeded our expectations due to strong operating margins and ex ...

WAUKESHA, Wis., May 01, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE:GNRC) ("Generac" or the "Company"), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its first quarter ended March 31, 2024 and provided an update on its outlook for the full-year 2024. First Quarter 2024 Highlights Net sales increased to $889 million during the first quarter of 2024 as compared to $888 million in the prior-year first quarter. C ...

Generac Holdings Inc (GNRC) will report first-quarter 2024 results on May 1, before the opening bell.The Zacks Consensus Estimate for first-quarter revenues is pegged at $888.2 million, mostly on par with prior-year reported number. The Zacks Consensus Estimate for earnings is pegged at 81 cents per share, up 28.6% year over year.GNRC beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average earnings surprise of 5.5%. In the past year, shares of the compa ...

In its upcoming report, Generac Holdings (GNRC) is predicted by Wall Street analysts to post quarterly earnings of $0.81 per share, reflecting an increase of 28.6% compared to the same period last year. Revenues are forecasted to be $888.19 million, representing no change year over year.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial pr ...

WAUKESHA, Wis.,  April 29, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the issuance of the Company's Environmental, Social, and Governance (ESG) report for the year ending December 31, 2023. Generac's 2023 ESG report shares the Company's ongoing commitment to providing resilient, efficient and sustainable energy solutions. The report serves as a resource for stakeholders ...

J. Michael Jones Thesis For a seemingly simple business, shareholders of Generac (NYSE:GNRC) have been through quite the emotional roller coaster over the years. Since hitting all-time highs in 2021 of $505.80, shares have fallen over 80% from peak to trough, translating to a loss of over $25B in shareholder value. This pessimism can largely be attributed to concerns over the high-interest rate environment, excessive inventories, and the overall cyclical nature of the business. However, with several long-te ...