Generac Holdings (GNRC) Misses Q3 EPS by 37c; cuts outlook

Generac Holdings (NYSE: GNRC) reported Q3 EPS of $1.83, $0.37 worse than the analyst estimate of $2.20. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.19 billion.

2025 Outlook

As a result of the significantly weaker power outage environment in recent months impacting seasonal demand for home standby and portable generators, the Company is lowering its full-year net sales growth guidance to be approximately flat as compared to the prior year. This compares to the previous guidance range of an increase between 2 to 5%.

Additionally, net income margin, before deducting for non-controlling interests, is now projected to be approximately 6.0% for the full-year 2025 compared to the previous guidance range of 7.5 to 8.5%. The corresponding adjusted EBITDA margin is now expected to be approximately 17.0% compared to the previous guidance range of 18.0 to 19.0%.

Free cash flow conversion from adjusted net income is now expected to be approximately 80% as compared to the previous guidance range of 90 to 100%.

For earnings history and earnings-related data on Generac Holdings (GNRC) click here.

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