Generac Reports Record First Quarter 2021 Results

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Go back to Generac Reports Record First Quarter 2021 Results

Generac Holdings (GNRC) Tops Q1 EPS by 51c

April 29, 2021 6:27 AM EDT

Generac Holdings (NYSE: GNRC) reported Q1 EPS of $2.38, $0.51 better than the analyst estimate of $1.87. Revenue for the quarter came in at $807 million versus the consensus estimate of $728.6 million.

Updated 2021 Outlook:

The major outages in Texas during the first quarter have led to an acceleration in demand and backlog for home standby generators from the already elevated levels that existed prior to this event. This has... More