Generac Q3 earnings beat estimates on C&I strength, revenues miss
FROM THE WIRE · FINANCE.YAHOO.COM
Generac Holdings Inc. GNRC reported third-quarter 2026 adjusted earnings per share (EPS) of $2.54, beating the Zacks Consensus Estimate of $2.38 by 6.7%. Earnings increased 38.8% from $1.83 per share in the prior-year quarter. Net sales increased 16% year over year to $1.29…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishEPS beat driven by data center demand, though revenue slightly missed consensus.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted EPS was $2.54 versus $2.38 expected.
- 02Net sales rose 16% to $1.29 billion, below the $1.31 billion estimate.
- 03The data center backlog increased to nearly $4.5 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets