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On Thursday, Nov. 1, Generac Holdings Inc. (NYSE:GNRC) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
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Analysts covering Generac modeled for quarterly EPS of $1.08 on revenue of $500.79 million.
Generac reported a profit of 93 cents when it published results during the same quarter last year. Sales in that period totaled $457 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 16.13 percent. Revenue would be up 9.52 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.9 | 0.63 | 1.19 | 0.86 |
| EPS Actual | 1.11 | 0.74 | 1.22 | 0.93 |
Stock Performance
Over the past 52-week period, shares of Generac have declined 3.16 percent. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Generac stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Generac's Q3 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: http://investors.generac.com/phoenix.zhtml?c=232690&p=irol-calendar
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.