Power generation products company Generac (NYSE:GNRC) will be reporting results tomorrow before market hours. Here’s what investors should know.

Generac met analysts’ revenue expectations last quarter, reporting revenues of $998.2 million, flat year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates.

Is Generac a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Generac’s revenue to grow 8.4% year on year to $1.16 billion, a reversal from the 1.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.95 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Generac has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Generac’s peers in the electrical equipment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. First Solar delivered year-on-year revenue growth of 10.8%, missing analysts’ expectations by 17.6%, and Enphase reported a revenue decline of 30.9%, falling short of estimates by 3.3%. Enphase traded down 15% following the results.

Read our full analysis of First Solar’s results here and Enphase’s results here.

Investors in the electrical equipment segment have had steady hands going into earnings, with share prices flat over the last month. Generac is up 5.4% during the same time and is heading into earnings with an average analyst price target of $164.19 (compared to the current share price of $166.79).

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