Shares of Generac Hldgs GNRC fell 0.8% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 70.71% year over year to $2.39, which beat the estimate of $2.31.
Revenue of $919,981,000 up by 68.23% year over year, which beat the estimate of $863,410,000.
Looking Ahead
The upcoming fiscal year's revenue expected to be between $3,652,950,000 and $3,727,500,000.
How To Listen To The Conference Call
Date: Jul 28, 2021
Time: 10:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ssx99kmp
Technicals
Company's 52-week high was at $457.00
52-week low: $134.72
Price action over last quarter: Up 34.40%
Company Profile
Generac Holdings Inc designs and manufactures power generation equipment and other engines- powered products serving residential, commercial, oil, gas, and other industrial markets. It offers standby generators, and portable and mobile generators for a variety of applications. In addition, the company offers lighting, heating, pumps, and outdoor power equipment. Generac reports sales in multiple divisions: residential, commercial and industrial, and others. The company has the capability to produce a wide range of engine products from certain stationary generator solutions to much larger multimegawatt systems. Sales generated in the United States account for the majority of total sales.
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