On Air Now

Listen

Listen Live Now » 95.5 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
68° Feels Like: 68°
Wind: SE 12 mph Past 24 hrs - Precip: 0.17”
Current Radar for Zip

Today

Thunderstorms 75°

Tonight

Scattered Thunderstorms 66°

Tomorrow

AM Clouds/PM Sun 83°

Alerts

Waukesha generator maker expects higher profits after Superstorm Sandy

by
Generac
Generac

WAUKESHA, WI (WTAQ) - Stockholders in a Wisconsin company will get higher earnings as the result of Superstorm Sandy.

Generac of Waukesha has been selling portable back-up electric generators to those without power due to the massive storm.

As a result, Generac expects its sales for the year to rise above 40% – above its original projection of a 30-percent hike.

The firm’s net income per share is expected to be 2.95 to three-dollars – about 30-cents higher than its earlier forecast.

Generac also said Tuesday that its net sales grew 26% in the third quarter of the year, compared to the same time in 2011.

Comments