Generac Holdings (GNRC) Tops Q2 EPS by 14c; raises guidance

Generac Holdings (NYSE: GNRC) reported Q2 EPS of $1.35, $0.14 better than the analyst estimate of $1.21. Revenue for the quarter came in at $998.2 million versus the consensus estimate of $1 billion.

"As a result of recent power outage activity, which includes the impact of major outage event Hurricane Beryl, the Company is updating its full-year 2024 net sales guidance to 4 to 8% growth as compared to the prior year, an increase from the previous expectation of 3 to 7%."

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