Generac Holdings: Q2 Earnings Snapshot

August 3, 2022 GMT

WAUKESHA, Wis. (AP) _ Generac Holdings Inc. (GNRC) on Wednesday reported second-quarter earnings of $156.4 million.

The Waukesha, Wisconsin-based company said it had net income of $2.21 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $2.99 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.65 per share.

The generator maker posted revenue of $1.29 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $1.26 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNRC at https://www.zacks.com/ap/GNRC