These Analysts Revise Their Forecasts On Generac After Q4 Results
These Analysts Revise Their Forecasts On Generac After Q4 Results
Generac shares gained 2.4% to trade at $169.47 on Friday.Generac Holdings Inc. (NYSE:GNRC) reported better-than-expected earnings for its fourth quarter on Thursday.
generac控股公司（紐交所: GNRC）週四報告稱，其第四季度收益超出預期。
The company posted quarterly earnings of $2.25 per share which beat the analyst consensus estimate of $1.95 per share. The company reported quarterly sales of $1.173 billion which beat the analyst consensus estimate of $1.161 billion.
該公司每股季度收益爲2.25美元，超過分析師的每股1.95美元的共識預期。該公司季度銷售額爲11.73億美元，超過分析師的11.61億美元的共識預期。
"Our third quarter results outperformed our expectations as elevated power outage activity drove increased shipments of our residential products and strong execution helped to deliver significant margin expansion," said Aaron Jagdfeld, President and Chief Executive Officer. "Shipments of home standby and portable generators increased at a very strong rate from the prior year period, more than offsetting expected softness in C&I product sales. As a result, we are updating our full year 2024 guidance to include higher residential product sales with further improvements in adjusted EBITDA margins."
「我們的第三季度業績超出了預期，因爲高發生停電活動推動我們的居住產品出貨量增加，並且強有力的執行幫助實現了顯著的利潤率擴張，」總裁兼首席執行官亞倫·亞格菲爾德表示。「家用備用發電機和便攜式發電機的發貨量比前一年同期增長迅猛，完全抵消了預期中工商企業產品銷售疲軟的情況。因此，我們更新了2024年整年指引，其中包括更高的住宅產品銷售以及調整後的EBITDA利潤率的進一步改善。」
Generac shares gained 2.4% to trade at $169.47 on Friday.
generac股票週五上漲2.4%，報價169.47美元。
These analysts made changes to their price targets on Generac following earnings announcement.
這些分析師在收益公告後調整了他們對generac的價格目標。
- Baird analyst Michael Halloran maintained Generac with a Neutral and lowered the price target from $187 to $181.
- Goldman Sachs analyst Jerry Revich maintained the stock with a Buy and raised the price target from $148 to $193.
- TD Cowen analyst Jeffrey Osborne maintained Generac with a Buy and raised the price target from $172 to $183.
- Baird分析師邁克爾·哈洛蘭維持generac爲中立，並將價格目標從187美元下調至181美元。
- 高盛分析師傑裏·雷維奇維持買入評級，並將價格目標從148美元上調至193美元。
- TD Cowen分析師傑弗裏·奧斯本維持買入評級，並將價格目標從172美元上調至183美元。
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譯文內容由第三人軟體翻譯。
