Generac's (GNRC) Q2 Earnings Surpass Estimates, Stock Up
GNRCGenerac (GNRC) ZACKS·2024-07-31 22:16

Generac Holdings Inc (GNRC) reported second-quarter 2024 adjusted earnings per share (EPS) of 1.35,whichbeattheZacksConsensusEstimateof1.35, which beat the Zacks Consensus Estimate of 1.24. GNRC reported adjusted EPS of 1.08intheprioryearperiod.Netsalescameinat1.08 in the prior-year period.Net sales came in at 998 million compared with $1 billion in the prior-year quarter. The figure also missed the consensus estimate by 0.5%. The decline in Commercial & Industrial (“C&I”) product sales offset an increase in Residential product sales.  In the quarter under review, core sales growth ( ...