Generac 3Q Earnings Jump on Higher Margins
By Dean Seal Generac Holdings' profit rose in the third quarter as sales slipped but margins improved. The back-up power company posted a profit of $60.4...
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By Dean Seal Generac Holdings' profit rose in the third quarter as sales slipped but margins improved. The back-up power company posted a profit of $60.4...
Generac Holdings Inc.’s stock was up 5.3% in premarket trading on Thursday after the generator maker’s third-quarter profit and revenue beat analyst...
The generator maker said the results demonstrate improved operating performance and inventory levels.
Generac (NYSE:GNRC – Get Free Report) released its quarterly earnings data on Wednesday. The technology company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.09, Briefing.com reports. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Generac had a […]
Generac Holdings (GNRC) is seeing a post-earnings options surge, after the company posted upbeat third-quarter results on strong demand for power backup equipment.