Generac Hldgs Q4 Adj EPS $2.07 Vs $2.08 Est, Sales $1.06B Miss $1.09B Estimate
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings reported its Q4 adjusted EPS at $2.07, slightly below the estimated $2.08. The company's sales for the quarter were $1.06 billion, missing the expected $1.09 billion.
February 14, 2024 | 11:02 am
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Generac Holdings reported a Q4 adjusted EPS of $2.07, missing the $2.08 estimate, and sales of $1.06 billion, below the $1.09 billion forecast.
Missing both earnings and sales estimates, even by small margins, can negatively impact investor sentiment and stock price in the short term. Investors often look for companies to meet or exceed expectations as a sign of financial health and growth prospects.
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