Stock Data
$6.15 (2.85%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
SPECIALTY INDUSTRIAL MACHINERY
Generac Holdings Inc., based in Waukesha, Wisconsin, is a leading provider of energy technology solutions globally. The company specializes in a wide range of products including residential standby generators, remote monitoring systems, residential storage solutions, and smart home devices. Generac also offers portable generators, outdoor power equipment, and battery-powered turf care products. For commercial and industrial clients, it provides natural gas generators, light-commercial standby generators, and mobile energy storage systems, among others. Generac distributes its products through a variety of channels, including dealers, retailers, and directly to end users, emphasizing innovation and reliability in energy technology since 1959.
Generac earnings fire at 6 AM ET as the power-backup giant faces investor scrutiny on whether growth in residential energy storage and grid resilience can offset slowing demand in its core backup generator business.
Generac crushed second quarter earnings with $2.91 adjusted EPS, demolishing the $2.01 consensus by 45%, as its data center backup power business surged 29% and backlog hit $1.6 billion. A $71 million tariff refund helped margins, but the real story is the company's pivot working: Commercial & Industrial revenue is ramping hard while Residential stumbles.
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