From Design to Construction, Program Works to Integrate Generac Backup Power Solutions into New Home Builds, Ensuring Reliable Power in the Face of Outages WAUKESHA, Wis., Aug. 8, 2024 /PRNewswire/ -- Generac (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is partnering with awardwinning Highland Homes, to offer generators as options for build-to-suit homes throughout Texas. Home buyers in the Austin, Dallas/Fort Worth, Houston and ...

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Generac Holdings Inc (GNRC) recently announced the acquisition of Ageto. The buyout, which was officially settled on Aug 1, 2024, is likely to boost Generac's position in the commercial & industrial (C&I) market. Ageto is known for its cutting-edge microgrid controllers, which are specifically engineered to optimize the performance of various energy resources, including renewable energy sources and electric vehicle chargers. These controllers empower users to coordinate, optimize and supervise all microgrid ...

Generac Today GNRC Generac $145.50 -10.18 (-6.54%) 52-Week Range $79.86 ▼ $169.57 P/E Ratio 40.08 Price Target $153.52 Add to Watchlist Generac Holdings Inc. NYSE: GNRC delivered a solid second-quarter earnings report that included raising its full-year outlook for revenue and earnings. But this looks like a sell-the-news event. GNRC had climbed to a 52-week high before the earnings report, but the results don't seem to be enough to move the needle. The headline numbers were mixed. Revenue of $998.2 million ...

As of Jun 30, 2024, GNRC had $218.3 million of cash and cash equivalents, with nearly $1.445 billion of longterm borrowings and finance lease obligations. In the reported quarter, the company repurchased shares worth $51 million. GNRC had shares worth $449 left under its buyback authorization as of Jun 30, 2024. In February 2024, GNRC approved a new share buyback authorization that allows for a repurchase of up to $500 million in the next 24 months. It replaced the remaining balance on the earlier program. ...

Generac Holdings (GNRC) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.87%. A quarter ago, it was expected that this generator maker would post earnings of $0.72 per share when it actually produced earnings of $0.88, delivering a surprise of 22.22%. Generac Holdings, which belongs ...

International Segment International segment total sales (including inter-segment sales) decreased 18% to $184.5 million as compared to $223.7 million in the prior year quarter, including a slight benefit from foreign currency. The core total sales decline for the segment was primarily driven by lower inter-segment sales related to softness in the telecom market and weaker shipments in Europe, most notably for portable generators. Adjusted EBITDA for the segment, before deducting for noncontrolling interests ...

(7) Represents transaction costs incurred directly in connection with any investment, as defined in our credit agreement, equity issuance or debt issuance or refinancing, and certain purchase accounting and contingent consideration adjustments. | --- | |-----------------------------------------------------------| | | | noncontrolling interests | | Adjusted net income attributable to Generac Holdings Inc. | Jagdfeld continued, "Early in the third quarter, Hurricane Beryl highlighted the rising threat of seve ...

Adjusted EBITDA for the segment was $139.7 million, or 16.9% of domestic segment total sales, as compared to $103.2 million, or 12.7% of total sales, in the prior year. This margin improvement was primarily driven by favorable sales mix and the realization of lower input costs, partially offset by higher operating expense investments to support future growth initiatives. WAUKESHA, Wisc., July 31, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) ("Generac" or the "Company"), a leading global desig ...

The market expects Generac Holdings (GNRC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 31, 2024, might help the stock move higher if these key numbers a ...