Generac Holdings Inc. (GNRC) - NYSE
  • Wed, May 4, 7:25 AM
    • Generac (NYSE:GNRC) reports Residential product sales rose 1.4% to $159M in Q1 primarily due to the contributions from recent acquisitions.
    • Commercial & Industrial product sales decreased 23% to $103M primarily due to a significant decline in shipments of mobile products into oil & gas and general rental markets.
    • Gross margin rate improved 230 bps to 35.2%.
    • Adjusted EBITDA fell 14% to $49.1M.
    • FY2016 Guidance: Net sales: +10% to +12%; Total organic sales: -5% to -7% (on a constant currency basis); Adjusted EBITDA margin: ~20%.
    | Wed, May 4, 7:25 AM
  • Tue, Feb. 16, 6:34 AM
    • Generac (NYSE:GNRC) reports Residential product sales rose 1.8% to $198.5M in Q4 mainly due to the contribution from a recent acquisition.
    • Commercial & Industrial product sales fell 28.7% to $131.9M primarily due to a significant decline in shipments of mobile products into oil & gas and general rental markets driven by the substantial decline in energy prices.
    • Gross margin rate improved 230 bps to 36.6%.
    • Adjusted EBITDA dropped 13.1% to $80.08M.
    • FY2016 Guidance: Net sales: +10% to +12%; Total organic sales: -5% to -7% (on a constant currency basis); Adjusted EBITDA margin: ~20%.
    | Tue, Feb. 16, 6:34 AM
  • Oct. 28, 2015, 6:28 AM
    • Generac (NYSE:GNRC) reports Commercial & Industrial product sales increased 1.2% to $148.2M primarily due to contributions from a recent acquisition and increased shipments to industrial distributors.
    • Residential product sales grew 0.7% to $185M.
    • Gross margin rate declined 70 bps to 36.3%.
    • Operating margin rate fell 120 bps to 18.9%.
    • FY2015 Guidance: Net sales: ~1.3B ; Adjusted EBITDA: ~$270M.
    • Q3 results
    | Oct. 28, 2015, 6:28 AM
  • Aug. 6, 2015, 8:58 AM
    • Generac (NYSE:GNRC) -6.6% premarket after missing Q2 earnings and revenue estimates amid what the company calls a record low level of power outages.
    • GNRC says its Q2 residential product sales fell 25.7% Y/Y to $133.5M due to lower demand for home standby generators, while commercial and industrial product sales slipped 17.7% to $134.6M due primarily to a decline in shipments to oil and gas markets.
    • GNRC issues downside guidance for FY 2015, assuming power outages during H2 are not improved from the very low levels experienced during H1; it now sees full-year revenues lower by ~10% to $1.314B vs. prior guidance for flat revenues Y/Y and below $1.43 analyst consensus estimate.
    | Aug. 6, 2015, 8:58 AM
  • Apr. 30, 2015, 9:19 AM
    | Apr. 30, 2015, 9:19 AM | 7 Comments
  • Apr. 30, 2015, 7:38 AM
    • Generac (NYSE:GNRC) reports Commercial & Industrial product sales decreased 14.99% to $133.8M primarily due to a decline in shipments to telecom national account customers and, to a lesser extent, oil & gas markets
    • Residential product sales declined 4.39% to $156.8M primarily due to lower portable generator shipments.
    • Gross margin rate -200 bps to 32.9%.
    • Operating margin rate fell 469 bps to 14.40%.
    • FY2015 Guidance: Net sales: flat ; Adjusted EBITDA margin: ~23%.
    • GNRC -7.51% premarket.
    • Q1 results
    | Apr. 30, 2015, 7:38 AM
  • Feb. 11, 2015, 9:13 AM
    | Feb. 11, 2015, 9:13 AM | 7 Comments
  • Feb. 11, 2015, 6:50 AM
    • Generac (NYSE:GNRC) reports Commercial & Industrial product sales increased 17.1% to $185M, primarily driven by strength in oil & gas markets and the contributions from recent acquisitions.
    • Residential product sales declined 2.1% to $194.9M.
    • Gross margin rate decreased 440 bps to 34.3%.
    • Operating margin rate declined 466 bps to 19.58%.
    • FY2015 Guidance: Net sales: to increase in the low-to-mid-single digit range; Adjusted EBITDA margin: ~23.5% to 24.0%
    • GNRC +4.81% premarket.
    • Q4 results
    | Feb. 11, 2015, 6:50 AM
  • Jan. 26, 2015, 9:14 AM
    | Jan. 26, 2015, 9:14 AM
  • Nov. 6, 2014, 9:14 AM
    | Nov. 6, 2014, 9:14 AM | 2 Comments
  • Feb. 13, 2014, 9:13 AM
    | Feb. 13, 2014, 9:13 AM | 1 Comment
  • Jan. 16, 2014, 3:55 PM
    • Generac (GNRC -8.1%) is downgraded to Perform from Outperform at Oppenheimer, which also removes its $57 price target on the stock, citing valuation and various headwinds.
    • The firm believes its 2014 EPS estimate of $3.40 potentially deals heavily with C&I organic growth comparisons and a likely lower mix of higher margin residential standby products, but views the $3.80 analyst consensus as a high hurdle; 2013 revenues have roughly doubled organically vs. 2010, resulting in difficult but well-understood comparisons.
    | Jan. 16, 2014, 3:55 PM | 1 Comment
  • Oct. 24, 2013, 9:12 AM
    | Oct. 24, 2013, 9:12 AM | 1 Comment
  • Aug. 1, 2013, 7:36 PM
    • Generac Holdings (GNRC) says that funds affiliated with CCMP Capital are planning to sell their remaining 7.02M share stake in a secondary public offering.
    • GNRC will not be selling any stock in the current offering and will not receive any proceeds.
    • Shares -2% AH.
    | Aug. 1, 2013, 7:36 PM
  • Jul. 30, 2013, 1:18 PM
    • Generac Holdings (GNRC +4.5%) moves up after easily beating Q2 estimates this morning.
    • Revenues were up 45% from the same quarter last year.
    • The company raises guidance for a second time, now expecting FY13 revenues to increase in the low 20% range, up from the previous growth guidance of low-to-mid teens rate.
    • For H2, net sales are now projected to increase in the mid-single digit range as compared to the prior-year second-half.
    • Despite the upbeat forecast, the company cautions that its facing a big hurdle from last years "very strong" H212 comps.
    | Jul. 30, 2013, 1:18 PM
  • Jul. 30, 2013, 9:12 AM
    | Jul. 30, 2013, 9:12 AM | 3 Comments
Company Description
Generac Holdings, Inc. designs and manufactures generators and other engine powered products. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components, such as light towers, pumps and power washers for the residential, light commercial,... More
Industry: Electronic Equipment
Country: United States