GNRC Stock Recent News

GNRC's fourth-quarter 2024 results gain from increasing demand for home standby and portable generators amid soft Commercial & Industrial ("C&I") product sales.

GNRC's fourth-quarter results gain from strengthening Residential product sales. Management initiates outlook for 2025 with revenues forecast to increase 3-7%.

Generac Holdings Inc. (NYSE:GNRC ) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Kris Rosemann - Senior Manager of Corporate Development and IR Aaron Jagdfeld - Chairman President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens Inc. George Gianarikas - Canaccord Genuity Mike Halloran - Baird Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Jerry Revich - Goldman Sachs Kashy Harrison - Piper Sandler Mark Strouse - J.P. Morgan Jordan Levy - Truist Securities Keith Housum - Northcoast Research Vikram Bagri - Citi Operator Hello and welcome to Generac Holdings Inc. Fourth Quarter and Full Year 2024 Earnings Conference Call.

The headline numbers for Generac Holdings (GNRC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Generac Holdings (GNRC) came out with quarterly earnings of $2.80 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.07 per share a year ago.

Generac reported fourth-quarter earnings per share of $2.80 from sales of $1.2 billion on Wednesday. Wall Street was looking for $2.53 and $1.2 billion, respectively.

Strong execution drives record fourth quarter net sales, significant margin expansion, and all-time record free cash flow generation; 2025 outlook anticipates continued net sales growth Strong execution drives record fourth quarter net sales, significant margin expansion, and all-time record free cash flow generation; 2025 outlook anticipates continued net sales growth

Get a deeper insight into the potential performance of Generac Holdings (GNRC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

GNRC's fourth-quarter performance is likely to have gained from strength in the home standby generators category. Weakness in C&I sales remains concerning.

WAUKESHA, Wis., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer, manufacturer, and provider of energy technology solutions and other power products, today announced plans to release its fourth quarter and full-year 2024 financial results before the market opens on Wednesday, February 12, 2025. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release.