WAUKESHA, Wis. (AP) 鈥� WAUKESHA, Wis. (AP) 鈥� Generac Holdings Inc. (GNRC) on Wednesday reported first-quarter profit of $73.3 million.
The Waukesha, Wisconsin-based company said it had net income of $1.24 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $1.80 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The generator maker posted revenue of $1.06 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.04 billion.
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