GNRC- Ignore Short-Term Weather Impact, Focus on Long-Term Opportunity

Generac Holdings Inc. (GNRC) delivered a softer-than-expected third quarter, with revenue of $1.11 billion, down 5% year-over-year and missing estimates by about $79 million. On the surface the numbers look ugly, but the story is far less dramatic than the headlines suggest, writes Tom Hayes, editor of HedgeFundTips. To get more articles and chart analysis from MoneyShow, subscribe to our Top Pros’ Top Picks newsletter here.) Adjusted earnings per share were $1.83, down 19% YOY and missing by $0.37. The m ...