Generac Reports Earnings Beat and Upgrades Outlook, Shares Rise 14%
Generac Holdings Inc. (GNRC) shares surged 14% after the company reported first-quarter earnings that exceeded expectations and raised its full-year guidance. The company's adjusted EPS of $1.80 beat estimates by $0.45, while revenue increased 12% year-over-year to $1.06 billion.
Tickers: $GNRC
Topics: C&I Segment Growth Company Acquisition Earnings Beat Guidance Upgrade Stock Price Movement