WAUKESHA, Wis. (AP) — WAUKESHA, Wis. (AP) — Generac Holdings Inc. (GNRC) on Wednesday reported fourth-quarter net income of $117.2 million.
The Waukesha, Wisconsin-based company said it had net income of $2.15 per share. Earnings, adjusted for one-time gains and costs, came to $2.80 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.
The generator maker posted revenue of $1.23 billion in the period, which met Street forecasts.
For the year, the company reported profit of $316.3 million, or $5.39 per share. Revenue was reported as $4.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNRC at https://www.zacks.com/ap/GNRC
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