Generac Reports Fourth Quarter and Full-Year 2018 Results
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Generac Holdings (GNRC) Tops Q4 EPS by 3c, Revenues Beat
February 14, 2019 6:06 AM ESTGenerac Holdings (NYSE: GNRC) reported Q4 EPS of $1.42, $0.03 better than the analyst estimate of $1.39. Revenue for the quarter came in at $563.4 million versus the consensus estimate of $552.69 million.
Fourth Quarter 2018 Highlights
Net sales increased 14.3% to $563.4 million during the fourth quarter of 2018 as compared to $493.0 million in the prior-year fourth quarter. Core sales growth, which excludes both the impact of acquisitions and foreign currency, was approximately 12%.Net income attributable to the Company during the fourth quarter was $75.6 million, or $1.20 per share, as compared to $80.9 million, or $1.29 per share, for the same period of... More