Shares of Generac Holdings (NYSE: GNRC) slumped in pre-market trading on Wednesday after the energy technology company delivered disappointing Q3 earnings.
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The company’s preliminary Q3 revenues were up 15% year-over-year to $1.1 billion but still missed Street expectations of $1.34 billion. Preliminary adjusted earnings in Q3 are expected to come in at $1.75 per share again falling short of Street estimates of $3.22.