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Generac Holdings (GNRC) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.08 per share a year ago.
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a global leader in smart electric vehicle (EV) charging and energy management solutions announced that it had received a $45 million investment, which includes $35 million from lead investor, Generac Power Systems, Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products. The strategic investment reinforces the partnership with Generac and highlights Wallbox's strong position in.
Significant margin expansion drives strong earnings growth; 2024 outlook increased as a result of recent power outages Significant margin expansion drives strong earnings growth; 2024 outlook increased as a result of recent power outages
Generac's (GNRC) Q2 performance is likely to have gained from strength in the home standby generators category.
Generac Holdings (GNRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tech saw heavy selling last week, but the pullback will likely be short-term, notes Ross Givens. He believes the semiconductor trade is over with AMD, ASML, and INTC all getting killed. Givens then delves into more cyclical stock picks which include Alamos Gold (AGI), Generac (GNRC), and KKR & Co. (KKR).
Generac (GNRC) secures a $200 million donation from the U.S. Department of Energy to advance Puerto Rico's energy infrastructure as part of the $1 billion Puerto Rico Energy Resilience Fund.
Local companies to provide solar/battery storage installations in low-income communities hit hardest by long and frequent outages WAUKESHA, Wis. , July 17, 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 company has been awarded a grant of up to $200 million over the five year term of the award agreement with the U.S. Department of Energy (DOE) as part of the $1 billion Puerto Rico Energy Resilience Fund (PR-ERF).
WAUKESHA, Wis., July 17, 2024 (GLOBE NEWSWIRE) -- Generac Holdings Inc. ("Generac") (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products, today announced plans to release its second quarter 2024 financial results before the market opens on Wednesday, July 31, 2024. Generac management will hold a conference call at 10:00 a.m. EST on that day to discuss highlights of this earnings release.
Generac Holdings Inc. GNRC is strengthening its energy management solutions portfolio by launching its first electric vehicle (EV) charger, a level 2 charger designed for homes and businesses, demonstrating its commitment to innovation and sustainable energy solutions. Citing the Global EV Outlook 2024 report by the International Energy Agency, Generac highlighted that the U.S. EV market is projected to reach an 11% market share in 2024.