Generac Hldgs (NYSE:GNRC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Generac Hldgs beat estimated earnings by 28.57%, reporting an EPS of $0.63 versus an estimate of $0.49.
Revenue was down $248.09 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.93% drop in the share price the next day.
Here’s a look at Generac Hldgs’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.76 | 2.17 | 2.63 | 1.94 |
| EPS Actual | 1.78 | 1.75 | 2.99 | 2.09 |
| Revenue Estimate | 1.07B | 1.17B | 1.27B | 1.09B |
| Revenue Actual | 1.05B | 1.09B | 1.29B | 1.14B |
To track all earnings releases for Generac Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.