Generac Reports Fourth Quarter and Full-Year 2016 Results
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Generac Holdings (GNRC) PT Raised to $40 at Canaccord Genuity Following Strong 4Q Results
February 15, 2017 9:42 AM ESTCanaccord Genuity analyst John Quealy maintains Hold rating and raises price target on Generac Holdings (NYSE: GNRC) to $40.00 (from $38.00), noting improving demand for power quality is a positive secular trend, as the company reported EPS and revenue figures above consensus.
Quealy comments,... More
Generac Holdings (GNRC) Tops Q4 EPS by 9c
February 14, 2017 6:04 AM ESTGenerac Holdings (NYSE: GNRC) reported Q4 EPS of $1.12, $0.09 better than the analyst estimate of $1.03. Revenue for the quarter came in at $417.4 million versus the consensus estimate of $415.44 million.
2017 Outlook
The Company is initiating guidance for 2017 with net sales expected to increase between 5 to 7% as compared to the prior year. Total organic sales on a constant currency basis are anticipated to... More
