Earnings Outlook For Generac Hldgs
Portfolio Pulse from Benzinga Insights
Generac Hldgs (NYSE:GNRC) is scheduled to release its quarterly earnings report on February 14, 2024, with an estimated EPS of $2.07. Historically, the company has had mixed results in beating EPS estimates, with the last quarter showing a beat by $0.13 and a subsequent 3.36% increase in share price. Over the past year, GNRC shares have declined by 6.91%, indicating a bearish sentiment among long-term shareholders. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 13, 2024 | 6:01 pm
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Generac Hldgs is expected to report an EPS of $2.07 for the upcoming quarter. Historical performance shows mixed results, with the last quarter beating estimates. Shares have declined by 6.91% over the past year, indicating bearish sentiment.
The expected EPS of $2.07 and historical performance suggest a cautious optimism for GNRC's earnings report. However, the past year's 6.91% decline in share price reflects a bearish sentiment that could temper expectations. The company's guidance will be crucial in determining short-term stock movement, as it provides insight into future growth prospects.
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