Generac rises after quarterly results beat

Generac Holdings

30/07/2025 12:31

** Power equipment maker Generac Holdings' shares GNRC.N rise 4.6% to $158.30 premarket

** GNRC reports better-than-expected second-quarter profit and revenue, helped by robust sales of its generators and higher margins

** Q2 adj. EPS came in at $1.65, above analysts' avg. expectations of $1.32 - data compiled by LSEG

** Gross profit margin in Q2 was 39.3% vs 37.6% a year ago

** Total quarterly net sales were $1.06 billion, beating estimates of $1.03 billion

** GNRC narrows its annual net sales growth forecast to between 2% and 5% vs its prior view of flat to 7%

** Cites lower-than-anticipated price increases from tariffs in H2 2025

** As of last close, stock had fallen 2.4% YTD

 (Reporting by Aatreyee Dasgupta)

 ((Aatreyee.Dasgupta@thomsonreuters.com))