Generac Hldgs Q3 2024 Adj. EPS $2.25 Beats $1.95 Estimate, Sales $1.173B Beat $1.161B Estimate
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings reported Q3 2024 earnings per share of $2.25, surpassing the analyst estimate of $1.95. The company's sales were $1.173 billion, also exceeding the expected $1.161 billion. This represents a significant improvement over the previous year's sales of $1.071 billion.
October 31, 2024 | 10:03 am
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Generac Holdings reported better-than-expected Q3 2024 earnings and sales, with EPS of $2.25 beating the $1.95 estimate and sales of $1.173 billion surpassing the $1.161 billion estimate.
Generac Holdings' Q3 2024 earnings and sales exceeded analyst expectations, which is likely to positively impact the stock price in the short term. The EPS beat by 15.38% and sales beat by 100% over estimates indicate strong financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100