Generac Reports Record Quarterly and Full-Year 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/7/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Generac Holdings (GNRC) PT Raised to 'Street High' $135 at Oppenheimer
February 13, 2020 4:58 PM ESTOppenheimer analyst Christopher Glynn raised the price target on Generac Holdings (NYSE: GNRC) to 'Street High' $135.00 (from $125.00) while maintaining an Outperform rating.
The analyst commented, "GNRC's expectations rose for the ESS platform (energy storage systems; "clean energy") to deploy over 150MW hours of systems... More
Generac Holdings (GNRC) Tops Q4 EPS by 17c, Revenues Beat
February 13, 2020 6:01 AM ESTGenerac Holdings (NYSE: GNRC) reported Q4 EPS of $1.53, $0.17 better than the analyst estimate of $1.36. Revenue for the quarter came in at $590.9 million versus the consensus estimate of $588.74 million.
Fourth Quarter 2019 Highlights
Net sales increased 4.9% to $590.9 million during the fourth quarter of 2019 as compared to $563.4 million in the prior-year fourth quarter. Core sales growth, which excludes both the impact of acquisitions and foreign currency, was approximately 4%. Residential product sales increased 9.7% to $322.5 million as compared to $293.9 million last year, with core sales growth of approximately 7%. Commercial & Industrial (C&I) product sales decreased 2.7%... More