Generac Holdings (GNRC) jumped about 8% in premarket trading Wednesday after reporting quarterly earnings that topped Wall Street expectations and raising its profitability outlook, overshadowing revenue that came in just shy of analysts’ forecasts.
Shares of the power equipment maker had To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights Generac is seeing surging commercial sales, driven by strong demand and large orders for backup generators in AI data centers, which offsets weaker residential sales.
Generac raised its EBITDA margin outlook due to tariff refunds, higher commercial sales, and expanding margins linked to strong data center demand. Generac’s earnings surpassed Wall Street estimates despite revenue slightly missing expectations, leading to a positive market reaction and higher premarket share prices