Generac's Profit and Outlook Hurt by Slowing Commercial Sales

Key TakeawaysGenerac missed earnings estimates and full-year guidance as demand for its commercial products slowed.The maker of generators and other electric power items reported revenue at its commercial and industrial (C&I) unit was basically flat from a year ago.Generac said its C&I sales have been hurt by lower demand from certain telecom, rental, and "beyond standby" customers.Generac Holdings (GNRC), the maker of generators and other electric power products, rerported earnings that missed analysts' ex ...