Earnings To Watch: Generac (GNRC) Reports Q4 Results Tomorrow
I'm PortAI, I can summarize articles.
Generac (GNRC) will report its Q4 earnings tomorrow before market hours. Last quarter, it missed revenue expectations by 6.6%, with revenues of $1.11 billion, down 5% year-on-year. Analysts expect a further decline of 6.1% this quarter, projecting revenues of $1.16 billion and adjusted earnings of $1.77 per share. Generac has missed revenue estimates four times in the past two years. In contrast, peers like Bloom Energy and American Superconductor have reported strong growth. Generac's stock has risen 18.9% recently, with an average analyst price target of $202.94 against a current price of $185.78.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Stock Story The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments