Shares of Generac Hldgs GNRC moved higher by 4.8% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 173.56% year over year to $2.38, which beat the estimate of $1.87.
Revenue of $807,434,000 higher by 69.66% year over year, which beat the estimate of $730,180,000.
Guidance
The upcoming fiscal year's revenue expected to be between $3,479,000,000 and $3,603,000,000.
Conference Call Details
Date: Apr 29, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/m57swe5x
Recent Stock Performance
52-week high: $364.00
Company's 52-week low was at $90.30
Price action over last quarter: Up 1.58%
Company Profile
Generac Holdings Inc designs and manufactures power generation equipment and other engines- powered products serving residential, commercial, oil, gas, and other industrial markets. It offers standby generators, and portable and mobile generators for a variety of applications. In addition, the company offers lighting, heating, pumps, and outdoor power equipment. Generac reports sales in multiple divisions: residential, commercial and industrial, and others. The company has the capability to produce a wide range of engine products from certain stationary generator solutions to much larger multimegawatt systems. Sales generated in the United States account for the majority of total sales.
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