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Generac slips after quarterly sales miss

By Reuters News

** Generac GNRC.N shares fall ~4% to $186.50 premarket

** Power equipment maker's Q3 net sales rise 16% to $1.29 bln — below est of $1.32 billion

** Commercial and industrial segment revenue grow 28% yoy, residential segment revenue increased 9%

** Q3 adj EPS of $2.54 misses analysts' avg expectation of $2.43, per data compiled by LSEG

** GNRC keeps FY26 guidance: net sales growth in mid-to-high teens percentage range, net income margin before deducting for non-controlling interests of ~9%-10%

** As of last close, stock up ~42% YTD

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