Generac Q3 Adj. EPS $1.64 vs $1.51 Est., Net Revenue $1.07B vs $1.044B Est.
Portfolio Pulse from Benzinga Newsdesk
Generac reported Q3 adjusted EPS of $1.64, beating estimates of $1.51. The company also reported net revenue of $1.07B, surpassing the estimated $1.044B.
November 01, 2023 | 10:02 am
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POSITIVE IMPACT
Generac's Q3 earnings beat estimates, with adjusted EPS of $1.64 and net revenue of $1.07B. This positive financial performance could potentially boost the company's stock price in the short term.
Generac's Q3 earnings exceeded estimates, which is typically a positive signal to investors and can lead to an increase in the company's stock price. The higher than expected adjusted EPS indicates strong profitability, while the higher net revenue suggests robust sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100