Generac (GNRC) Q4 Earnings & Revenues Miss Estimates, Up Y/Y

Generac Holdings Inc (GNRC) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $2.07, which missed the Zacks Consensus Estimate of$2.10. GNRC reported adjusted EPS of $1.78 in the prior year.Net sales increased 1$1.06 billion but fell short of the consensus estimate by 3.07%. The year-over-year performance was driven by improvement across both the segments.In the quarter under review, core sales growth (excluding the impact of acquisitions and foreign currency) remained u ...