Generac Holdings Inc. (GNRC) delivered impressive fourth-quarter earnings, exceeding analysts’ projections for both earnings per share and revenue. The company’s robust performance was driven by strong demand for residential generators due to increased power outages. Following the earnings announcement, several analysts adjusted their price targets for Generac, with some maintaining ‘Buy’ ratings and others suggesting a ‘Neutral’ stance.
Generac Holdings (GNRC) is set to release its quarterly earnings on October 31st, 2024. Analysts are expecting an EPS of $1.94, and investors are eager for news of exceeding estimates and positive guidance for the next quarter. This article provides an in-depth analysis of the company’s performance, key metrics, and competitor comparison, offering insights for investors ahead of the earnings release.
