Generac rises as data center backlog reaches $4.5B, earnings beat

[Standby diesel generators outside warehouse building] Francisco Zalez/iStock via Getty Images Generac Holdings (GNRC [https://seekingalpha.com/symbol/GNRC]) shares rose 3.3% in premarket trading Wednesday after the generator manufacturer reported [https://seekingalpha.com/news/4658703-generac-reports-mixed-q3-results-reaffirms-fy26-outlook] better-than-expected third-quarter earnings, fueled by surging demand for backup power systems from data centers and improving residential sales. The company reported adjusted earnings of $2.54 a share, beating Wall Street's consensus estimate by 11 cents. Revenue rose 16.2% to a record $1.29 billion, roughly in line with analysts' expectations of $1.32 billion. Net income rose to $109.2 million, or $1.