Recap: Generac Q2 Earnings

 

Shares of Generac Hldgs GNRC fell 0.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 70.71% year over year to $2.39, which beat the estimate of $2.31.

Revenue of $919,981,000 up by 68.23% year over year, which beat the estimate of $863,410,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $3,652,950,000 and $3,727,500,000.

How To Listen To The Conference Call

Date: Jul 28, 2021

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ssx99kmp

Technicals

Company's 52-week high was at $457.00

52-week low: $134.72

Price action over last quarter: Up 34.40%

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!