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BUZZ-Generac shares fall as quarterly sales miss expectations

BUZZ-Generac shares fall as quarterly sales miss expectations

路透社路透社2026/10/28 10:49
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- ** Generac (GNRC.N) shares fell about 4% premarket to $186.50

** The power equipment manufacturer’s third-quarter net sales increased 16% to $1.29 billion—below the expected $1.32 billion

** Commercial and industrial segment revenue rose 28% year-on-year, residential segment revenue increased 9%

** According to data compiled by LSEG, third-quarter adjusted earnings per share were $2.54, below analysts' average estimate of $2.43

** GNRC maintained its FY2026 guidance: net sales growth rate in the 15%-20% range, net profit margin before non-controlling interests at about 9%-10%

** As of the close of the previous trading day, the stock had gained about 42% year-to-date


(To facilitate non-native English speakers, Reuters provides automated translations of its reports in several additional languages. As automated translation may contain errors or not fully capture the context, Reuters does not guarantee the accuracy of the translated text, which is provided solely for the convenience of readers. Reuters accepts no liability for any damages or losses caused by using the automated translation function.)

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