Generac Holdings (GNRC) Q2 Earnings Top Estimates
Generac Generac (US:GNRC) ZACKS·2024-07-31 12:15

分组1 - Generac Holdings reported quarterly earnings of $1.35 per share, exceeding the Zacks Consensus Estimate of $1.24 per share, and up from $1.08 per share a year ago, representing an earnings surprise of 8.87% [1] - The company posted revenues of $998.2 million for the quarter ended June 2024, slightly missing the Zacks Consensus Estimate by 0.46%, and down from $1 billion in the same quarter last year [2] - Generac Holdings shares have increased approximately 20.4% since the beginning of the year, outperforming the S&P 500's gain of 14% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.91 on revenues of $1.13 billion, and for the current fiscal year, it is $6.16 on revenues of $4.19 billion [5] - The estimate revisions trend for Generac Holdings is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [11] - The Electronics - Power Generation industry, to which Generac belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a positive outlook for the sector [12]