Wed, Aug 20, 2014, 4:08 AM EDT - U.S. Markets open in 5 hrs 22 mins


% | $
Quotes you view appear here for quick access.

Generac Holdings Inc. Message Board

  • getintoh20 getintoh20 Jul 30, 2013 6:23 AM Flag

    (GNRC) Tops Q2 EPS by 19c; Boosts Revs Outlook

    Generac Holdings (NYSE: GNRC) reported Q2 EPS of $0.95, $0.19 better than the analyst estimate of $0.76. Revenue for the quarter came in at $346.7 million versus the consensus estimate of $328.41 million.

    The Company is revising upward its sales guidance for full-year 2013 primarily due to continued strong demand for home standby and portable generators, an improved outlook for C&I shipments, as well as the expected closing of the Tower Light acquisition early in the third quarter of 2013. Full-year 2013 net sales are now expected to increase in the low-20% range over the prior year, which is an increase from the low-to-mid teens rate previously expected. Specifically for the second half 2013, net sales are now forecasted to increase in the mid-single digit range as compared to the very strong prior-year second-half period. This top-line guidance continues to assume no material changes in the current macroeconomic environment and no major power outage events for the remainder of 2013.

46.91+0.61(+1.32%)Aug 19 4:01 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.