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Generac Q3 Earnings & Revenues Miss Estimates, 2025 Outlook Revised
Generac Holdings Inc. (GNRC) reported third-quarter 2024 earnings and revenues that missed analyst estimates, primarily due to weaker-than-expected solar sales and slower recovery in residential energy product shipments. Following these results, the company revised its full-year 2025 guidance downward, leading to a significant drop in its stock price. Despite the lower outlook, management expressed confidence in the long-term growth of the energy technology market.