Generac Earnings: Will They Power Past Expectations Again?
Generac Holdings (NYSE: GNRC), which makes backup power generators and other energy technology products, is slated to report its second-quarter 2022 results before the market open on Wednesday, Aug. 3. An analyst conference call is scheduled for 10 a.m. ET on the same day.
Investors will probably be approaching the report with mixed feelings. On the positive side, the company "continued to experience robust and broad-based growth during the first quarter, and strong execution pushed shipments to new records," as CEO Aaron Jagdfeld said in last quarter's earnings release. Indeed, investors were pleased with the first-quarter report, sending Generac shares up 11.8% following the release.
However, investors are undoubtedly concerned about the potential for a significant slowdown in the U.S. economy or a recession to hurt Generac's business.
Source Fool.com
