Intraday Alerts

Generac Holdings Inc. (GNRC) Has Gapped Up Sharply Following Guidance Increase

Generac Holdings Inc. (GNRC) announced Monday morning that it now expects to report third quarter adjusted EPS of $0.72 to $0.77. The consensus estimate is for EPS of $0.46. Full year 2012 adjusted EPS is now expected to be between $2.65 and $2.70, compared to the consensus estimate of $2.39.

Generac Holdings has gapped open sharply higher this morning and is now up 2.90 at $25.79. The stock has jumped to over a 3-month high and has re-crossed its 200-day moving average.

by RTTNews Staff Writer

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