NYSE:GNRCElectrical
A Look at Generac (GNRC)’s Valuation Following Its Strong Earnings Beat and Investor Rally
Generac Holdings (GNRC) just delivered another earnings beat, and investors wasted no time reacting. The stock surged nearly 20% in a single day after its Q2 results. The jump was driven by stronger-than-expected demand for home standby generators and ongoing momentum in the commercial and industrial segment. With a track record of outperforming expectations in each of the last four quarters, Generac’s quarterly performance is starting to look less like luck and more like a trend worth paying...