Shares of Generac Holdings Inc. (NYSE: GNRC) surged 5.4% in pre-market trading on Wednesday, following the company's better-than-expected fourth-quarter earnings report and upbeat guidance for 2025.

Generac reported adjusted earnings per share of $2.80 for the fourth quarter of 2024, surpassing analysts' estimates of $2.53. While the company's revenue of $1.23 billion narrowly missed expectations of $1.25 billion, it represented a 16.1% increase from the same period last year. Generac's adjusted EBITDA of $265 million also exceeded forecasts.

The power generation equipment manufacturer provided an optimistic outlook for 2025, projecting sales growth between 3% and 7%. This guidance, coupled with strong fourth-quarter results, fueled investor confidence in Generac's ability to capitalize on growing demand for reliable energy solutions. The company's diversified product portfolio and focus on innovation position it well to benefit from the ongoing transition towards sustainable energy sources and increased resilience against power outages.