GNRC Stock Recent News

Generac Holdings (GNRC) reported earnings 30 days ago. What's next for the stock?

Generac's (GNRC) performance is driven by higher Residential product sales amid declining C&I product revenues.

From Design to Construction, Program Works to Integrate Generac Backup Power Solutions into New Home Builds, Ensuring Reliable Power in the Face of Outages WAUKESHA, Wis. , Aug. 8, 2024 /PRNewswire/ -- Generac (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is partnering with award-winning Highland Homes, to offer generators as options for build-to-suit homes throughout Texas.

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Generac (GNRC) broadens its portfolio of energy solutions by acquiring Ageto, which is an important provider of microgrid controllers.

WAUKESHA, Wis. , Aug. 5, 2024 /PRNewswire/ -- Generac Power Systems  (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of Ageto, a leading provider of microgrid controllers that seamlessly integrate, optimize and manage distributed conventional resources, renewable energy resources and electric vehicle (EV) chargers in the commercial & industrial (C&I) market.

Generac Holdings Inc. NYSE: GNRC delivered a solid second-quarter earnings report that included raising its full-year outlook for revenue and earnings. But this looks like a sell-the-news event.

Generac Holdings Inc. (NYSE:GNRC ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Kris Rosemann - Senior Manager of Corporate Development and Investor Relations Aaron Jagdfeld - President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens, Inc. George Gianarikas - Canaccord Genuity Michael Halloran - Robert W. Baird Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Jerry Revich - Goldman Sachs Kashy Harrison - Piper Sandler Stephen Gengaro - Stifel Nicolaus Jordan Levy - Truist Securities Donovan Schafer - Northland Capital Markets Keith Housum - Northcoast Research Chip Moore - ROTH Capital Partners Operator Good day and thank you for standing by.

Although the revenue and EPS for Generac Holdings (GNRC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Generac's (GNRC) second-quarter results get affected due to weakness in C&I sales. Nonetheless, management has raised its sales expectations for 2024, owing to recent power outage activity.