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 ...

WAUKESHA, Wisc., April 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE:GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its first quarter 2024 financial results before the market opens on Wednesday, May 1, 2024. Generac management will hold a conference call at 10:00 a.m. EDT on that day to discuss highlights of this earnings release. The conference call can be accessed at the following link: http ...

WAUKESHA, Wisc., April 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its first quarter 2024 financial results before the market opens on Wednesday, May 1, 2024. Generac management will hold a conference call at 10:00 a.m. EDT on that day to discuss highlights of this earnings release. The conference call can be accessed at the following link: htt ...

Generac Holdings Inc (GNRC) is eyeing strategic acquisitions to boost its solutions’ portfolio and drive growth amid increasing demand, per a report from Bloomberg.GNRC’s Chief Executive Officer (CEO), Aaron Jagdfeld, in an interview at Bloomberg News headquarters in New York, was quoted saying that utility bills were set to become one of the biggest household expenses in addition to rent/mortgage payments, thereby necessitating effective management of power usage.Further, the report added that the CEO expe ...

The latest trading session saw Generac Holdings (GNRC) ending at $128.26, denoting a +0.09% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 0.11%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.23%.The the stock of generator maker has risen by 16.41% in the past month, leading the Computer and Technology sector's gain of 1.54% and the S&P 500's gain of 1.5%.Market participants will be closely following the financial results of Generac Holdings i ...

WAUKESHA, Wis., April 1, 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 appointment of Jennifer Anderson as executive vice president of global corporate strategy & development.  "Jennifer will be instrumental in leading Generac's strategic planning process and helping to identify and drive new areas of growth for the company," said Aaron Jagdfeld, Generac's president an ...