On July 29, Generac rose 5.46% in pre-market trading, trading at $203.89/share, with turnover of $111,000.

On the news front, the company reported Q2 adjusted earnings per share of $2.91, beating the analyst consensus estimate of $2.01 by 44.78% and representing a 76.36% increase over the year-earlier period's $1.65. Net sales for the quarter were $1.173 billion, roughly in line with the $1.177 billion estimate, up from $1.06 billion a year ago.

Generac reaffirmed its full-year net sales growth guidance of 15%-19% year-over-year and projected full-year net profit margin of approximately 9.0% to 10.0%. The company highlighted further acceleration in its Commercial & Industrial segment driving robust sales increases and operating leverage during the quarter, with a rapidly increasing data center backlog providing visibility to significant growth ahead.

Generac is a global leader in energy technology solutions, designing, manufacturing, and supplying power generation equipment, energy storage systems, and energy management solutions serving residential, commercial, and industrial markets.

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