Generac Holdings Reports Strong Q4 Earnings, Beating Analyst Expectations
WAUKESHA, Wis. - Generac Holdings Inc. (GNRC) reported net income of $117.2 million for the fourth quarter, or $2.15 per share. Adjusted for non-recurring items, earnings came to $2.80 per share, surpassing Wall Street estimates of $2.50 per share.
Revenue for the quarter reached $1.23 billion, meeting analyst expectations. For the full year, Generac reported profit of $316.3 million, or $5.39 per share, on revenue of $4.3 billion.
The generator manufacturer's performance exceeded market expectations, demonstrating continued growth and financial stability.