Generac Holdings: Q2 Earnings Snapshot
WAUKESHA, Wis. (AP) — WAUKESHA, Wis. (AP) — Generac Holdings Inc. (GNRC) on Wednesday reported second-quarter earnings of $59.1 million.
On a per-share basis, the Waukesha, Wisconsin-based company said it had profit of 97 cents. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.
The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The generator maker posted revenue of $998.2 million in the period, which fell short of Street forecasts. Eleven analysts surveyed by Zacks expected $1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNRC at https://www.zacks.com/ap/GNRC