Generac Holdings: Q3 Earnings Snapshot
WAUKESHA, Wis. (AP) — WAUKESHA, Wis. (AP) — Generac Holdings Inc. (GNRC) on Wednesday reported third-quarter earnings of $60.4 million.
On a per-share basis, the Waukesha, Wisconsin-based company said it had profit of 97 cents. Earnings, adjusted for one-time gains and costs, were $1.64 per share.
The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.
The generator maker posted revenue of $1.07 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $1.04 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNRC at https://www.zacks.com/ap/GNRC
