On July 29, Generac rose 5.41% in regular trading, trading at $206.97/share, with turnover of $42.32 million. The rally was driven by the company's second quarter earnings release, which delivered a significant profit beat while reaffirming full-year growth targets.

Generac reported Q2 adjusted earnings of $2.91 per diluted share, surpassing the analyst consensus estimate of $2.01 by 44.78% and representing a 76.36% year-over-year increase from $1.65. Net sales came in at $1.173 billion, up 10.4% year-over-year and roughly in line with the $1.177 billion estimate. The company maintained its full-year net sales growth guidance in the 15%-19% range compared to the prior year, and projected full-year net profit margin of approximately 9.0% to 10.0%.

The strong quarterly performance follows an equally robust Q1, when adjusted EPS of $1.80 beat the $1.33 estimate by over 35%. The company noted further acceleration in its Commercial & Industrial segment and a rapidly increasing data center backlog providing visibility to significant growth ahead. Generac is a leading global designer, manufacturer, and provider of energy technology solutions including power generation equipment, energy storage systems, and energy management solutions serving residential, commercial, and industrial markets.

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