🟢 Generac Holdings is trading 4.27% up today after adjusted EPS beat estimates

Generac Holdings is trading 4.27% up at $209.94 after its October 28 third-quarter results showed adjusted EPS of $2.54, above estimates.

• Data-center backlog was approximately $4.5 billion. Management raised the lower end of its adjusted EBITDA margin outlook, while revenue slightly missed expectations.
• On October 29, Stifel raised its price target to $325 from $290, citing data-center growth. Broader markets are lower, making company-specific earnings news the clearer catalyst.