GNRC•Generac’s third-quarter net sales rose 16% to $1.29 billion, below the $1.32 billion estimate. The company kept its fiscal 2026 guidance for mid-to-high-teens sales growth and a 9%-10% net income margin.
Generac shares fell about 4% premarket after third-quarter net sales rose 16% to $1.29 billion, below the $1.32 billion estimate. Adjusted EPS was $2.54, which the article says missed analysts’ average expectation of $2.43; commercial and industrial revenue grew 28% year over year, while residential revenue rose 9%.
Generac maintained its fiscal 2026 outlook for net sales growth in the mid-to-high teens percentage range and a net income margin of about 9%-10%, before deducting for non-controlling interests.
