WAUKESHA, Wis., Feb. 14, 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 fourth quarter and full-year ended December 31, 2023 and initiated its outlook for the full-year 2024. Fourth Quarter 2023 Highlights Net sales increased 1% to $1.06 billion during the fourth quarter of 2023 as compared to $1.05 billion in the prior-year fo ...

Generac Holdings Inc (GNRC) will report fourth-quarter 2023 results on Feb 14.The Zacks Consensus Estimate for quarterly revenues is pegged at $1.10 billion, indicating a year-over-year increase of 4.6%. The consensus estimate for earnings is pegged at $2.09 per share, suggesting a 17.4% rise year over year.GNRC beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average earnings surprise of 7.1%. In the past year, shares of the company have gained 3.8% ag ...

In its upcoming report, Generac Holdings (GNRC) is predicted by Wall Street analysts to post quarterly earnings of $2.09 per share, reflecting an increase of 17.4% compared to the same period last year. Revenues are forecasted to be $1.1 billion, representing a year-over-year increase of 4.6%.The current level reflects a downward revision of 0.1% 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 init ...

Generac Holdings (GNRC) closed at $127.14 in the latest trading session, marking a +1.07% move from the prior day. This move outpaced the S&P 500's daily gain of 0.06%. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq added 0.24%.Shares of the generator maker witnessed a gain of 1.17% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 12.39% and the S&P 500's gain of 6.45%.The investment community will be closely monitoring the performance of ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Generac Holdings (GNRC) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key numbers are better ...

Awards for five products across the portfolio reflect the company's dedication to innovative design WAUKESHA, Wis., Feb. 5, 2024 /PRNewswire/ -- Generac Power Systems, Inc., (NYSE: GNRC) a leading global designer and manufacturer of energy technology solutions and other power products, today announced it has received five accolades from the 2023 GOOD DESIGN Awards in the Building Materials category.  Celebrating its 73rd anniversary, the GOOD DESIGN Awards program is one of the oldest design competitions in ...

WAUKESHA, Wis., Jan. 31, 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 fourth quarter and full-year 2023 financial results before the market opens on Wednesday, February 14, 2024. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release. The conference call can be accessed at the ...

In the latest market close, Generac Holdings (GNRC) reached $114.69, with a +0.04% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.07% for the day. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.The generator maker's stock has dropped by 12.44% in the past month, falling short of the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05%.Analysts and investors alike will be keeping a close eye on the per ...

The most recent trading session ended with Generac Holdings (GNRC) standing at $114.64, reflecting a +1.3% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.53% gain on the day. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq increased by 0.19%.The generator maker's stock has dropped by 13.14% in the past month, falling short of the Computer and Technology sector's gain of 5.21% and the S&P 500's gain of 2.48%.Market participants wi ...

In the latest market close, Generac Holdings (GNRC) reached $123.50, with a +1.06% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.02%.Shares of the generator maker witnessed a loss of 5.31% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.68% and the S&P 500's gain of 3.52%.The investment community will be paying clos ...