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Generac Holdings Inc (GNRC.N)

GNRC.N on New York Stock Exchange

37.51USD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Generac reports Q4 adjusted earnings of $1.12/shr
Tuesday, 14 Feb 2017 06:00am EST 

Generac Holdings Inc : Generac reports fourth quarter and full-year 2016 results . Q4 earnings per share $0.64 . Q4 adjusted earnings per share $1.12 . Q4 sales $417.4 million versus I/B/E/S view $415.4 million . Q4 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Net sales increased 16.7 percent to $417.4 million during Q4 . Generac Holdings Inc - Net income margins, before deducting for non-controlling interests, are expected to be between 7.5 to 8.0 percent for full-year 2017 . Generac Holdings - Adjusted EBITDA margins, also before deducting for non-controlling interests, expected to be between 19 percent to 19.5 percent for year 2017 . Generac Holdings - 2017 operating and free cash flow generation is expected to be strong, with conversion of adjusted net income expected to be over 90 percent . Sees FY 2017 sales up 5 to 7 percent . FY 2017 revenue view $1.51 billion -- Thomson Reuters I/B/E/S . Entering 2017, our market position for residential products remains strong . Generac Holdings Inc - Total organic sales on a constant currency basis are anticipated to increase between 1 to 3 percent for 2017 ."We are cautiously optimistic in returning to organic growth during 2017".  Full Article

Generac reports third quarter 2016 results
Wednesday, 26 Oct 2016 06:00am EDT 

Generac Holdings Inc : Generac reports third quarter 2016 results . Q3 earnings per share $0.40 . Q3 sales $373.1 million versus I/B/E/S view $363.1 million . Q3 earnings per share view $0.77 -- Thomson Reuters I/B/E/S . Q3 adjusted earnings per share $0.82 . Generac Holdings Inc says revising upward its guidance for revenue growth for full year 2016 . Sees FY 2016 sales up 9 to 10 percent . FY2016 revenue view $1.40 billion -- Thomson Reuters I/B/E/S . Generac Holdings Inc sees 2016 total organic sales on a constant currency basis are now anticipated to decline between 8 to 9% . Generac Holdings - approved new share repurchase program which authorizes repurchase of an additional $250 million of common stock over a 24 month period .Generac Holdings Inc says 2016 operating and free cash flow generation is expected to increase significantly over prior year.  Full Article

Generac Holdings invests in Tank Utility
Tuesday, 30 Aug 2016 08:30am EDT 

Generac Holdings Inc :Made an equity investment to become a minority shareholder in Tank Utility, Inc., a provider of propane level monitoring services.  Full Article

Generac reports Q2 adjusted EPS $0.64
Tuesday, 2 Aug 2016 06:00am EDT 

Generac Holdings Inc : Q2 sales $367.4 million versus I/B/E/S view $355.2 million . Generac reports second quarter 2016 results . Generac Holdings Inc sees 2016 net sales expected to increase between 6 to 8% over prior year . Sees FY 2016 total organic sales on a constant currency basis are now anticipated to be down between 10 and 13% . Sees FY net income margins, before deducting for non-controlling interests, are expected to be approximately 7.0% . Adjusted EBITDA margins, also before deducting for non-controlling interests, are now expected to be approximately 19.5% for fy 2016 . Q2 earnings per share $0.31 . Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S .FY2016 revenue view $1.46 billion -- Thomson Reuters I/B/E/S.  Full Article

Generac Holdings Inc reaffirms FY 2016 guidance
Wednesday, 4 May 2016 06:00am EDT 

Generac Holdings Inc:Reaffirms FY 2016 guidance.ExpectsFY 2016 with net sales expected to increase between 10% to 12% as compared to the prior year.Expects total organic sales on a constant currency basis are anticipated to be down between 5 to 7%.  Full Article

Generac Holdings Inc gives FY 2016 revenue guidance
Tuesday, 16 Feb 2016 06:00am EST 

Generac Holdings Inc:Initiates guidance for FY 2016 with net sales expected to increase between 10% to 12% as compared to the prior year, which assumes contribution from Pramac acquisition that is anticipated to close before end of the first quarter of 2016.Says total organic sales on a constant currency basis are anticipated to be down between 5 to 7%, with nearly all of the decline expected to be from ongoing weakness in mobile product shipments into the oil & gas and general rental markets.  Full Article

Generac Holdings Inc updates FY 2015 guidance
Wednesday, 28 Oct 2015 06:00am EDT 

Generac Holdings Inc:Says that primarily due to continued softness in the oil & gas markets, the company is updating its guidance for revenue and adjusted EBITDA for FY 2015.Says assuming that power outages during Q4 2015 don't increase from the very low levels experienced thus far in FY 2015 and assuming energy prices remain at the current reduced levels, net sales for FY 2015 are expected to be about $1.3 billion.Says given this revenue assumption, adjusted EBITDA for FY 2015 is expected to be about $270 million.  Full Article

Generac Holdings Inc announces $200 mln share repurchase authorization
Thursday, 6 Aug 2015 06:00am EDT 

Generac Holdings Inc:Approved stock repurchase program, whereby COMPANY may repurchase up to $200 mln of its common stock over next 24 months from time to time, in amounts and at prices that management deems appropriate, subject to market conditions and other considerations.Says repurchases may be executed using open market trades, privately negotiated agreements or other transactions.Repurchases will be funded from cash on hand or available borrowings.  Full Article

Generac Holdings Inc reaffirms FY 2015 guidance
Thursday, 6 Aug 2015 06:00am EDT 

Generac Holdings Inc:Says that it is revising its prior guidance for revenue growth and adjusted EBITDA margins FY 2015.Sees FY 2015 net sales expected to decline about 10 pct.  Full Article

Generac acquires Country Home Products
Monday, 3 Aug 2015 09:00am EDT 

Generac Holdings Inc:Acquires country home products.Says the purchase price and other terms of the acquisition were not announced.Says country home products' management team will continue to lead the business going forward.The dr and neuton brand names will join generac's family of brands.  Full Article

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