“Generac Earnings Jump 71% Amid Strong Demand For Backup Power”
July 28, 2021
“…Generac Earnings
Estimates: FactSet consensus was for Generac earnings per share of $2.31, 65% above the year-ago quarter, with sales up 59% to $867 million.
Results: Generac earnings per share leapt 71% to $2.39 a share. Revenue climbed 68% to $900 million.
Outlook: Generac raised its full-year sales growth guidance to 47%-50% from 40%-45%. But it lowered the top end of its EBITDA margin forecast to 24.5%-25% from 24.5%-25.5%…”
https://www.investors.com/news/generac-stock-generac-earnings-q2-2021/?src=A00220