Generac Reports First Quarter 2020 Results
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Generac Holdings (GNRC) Tops Q1 EPS by 7c
April 30, 2020 6:14 AM EDTGenerac Holdings (NYSE: GNRC) reported Q1 EPS of $0.87, $0.07 better than the analyst estimate of $0.80. Revenue for the quarter came in at $475.9 million versus the consensus estimate of $476.44 million.
Updated 2020 Outlook:
As a result of the COVID-19 pandemic, the remainder of the year is expected to be impacted by a significant decline in economic activity across the globe with a more pronounced decline expected in the second quarter. This downturn is expected to be particularly severe within C&I products, both domestically and internationally. However, demand for residential products... More
