Generac Reports Record Fourth Quarter and Full-Year 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Generac Holdings (GNRC) Tops Q4 EPS by 16c, Revenues Beat
February 11, 2021 6:05 AM ESTGenerac Holdings (NYSE: GNRC) reported Q4 EPS of $2.12, $0.16 better than the analyst estimate of $1.96. Revenue for the quarter came in at $761 million versus the consensus estimate of $731.23 million.
Fourth Quarter 2020 Highlights
Net sales increased 29% to a record $761 million during the fourth quarter of 2020 as compared to $591 million in the prior-year fourth quarter. Core sales growth, which excludes both the impact of acquisitions and foreign currency, increased approximately 28%.- Residential product sales increased 55% to $499 million as compared to $323 million last year.- Commercial & Industrial (C&I) product sales decreased 9% to $199 million as compared to... More