Gencor Industries Inc. (GENC) News

Gencor Industries Inc. (GENC): $12.85

0.32 (+2.55%)

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GENC News Highlights

  • 500 - Internal server error
  • Over the past 15 days, the trend for GENC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
  • PAR are the most mentioned tickers in articles about GENC.

Latest GENC News From Around the Web

Below are the latest news stories about Gencor Industries Inc that investors may wish to consider to help them evaluate GENC as an investment opportunity.

Are Gencor Industries, Inc.'s (NASDAQ:GENC) Mixed Financials Driving The Negative Sentiment?

Gencor Industries (NASDAQ:GENC) has had a rough three months with its share price down 12%. It seems that the market...

Yahoo | May 29, 2021

Gencor Releases Second Quarter Fiscal 2021 Results

ORLANDO, Fla., May 14, 2021 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $21.4 million for the quarter ended March 31, 2021 compared to $26.0 million for the quarter ended March 31, 2020. Gross margins for the quarter ended March 31, 2021 were 28.8% compared with 28.2% for the quarter ended March 31, 2020. During the quarter ended March 31, 2021, the Company continued to experience higher manufacturing costs associated with steel and OEM parts pricing, as well as unabsorbed manufacturing labor and overhead expenses related to the paver line. The negative effect of these higher manufacturing costs on the quarter ended March 31, 2021, was offset by improved margins on certain equipment sales recognized over time and increased parts sales, in d...

Yahoo | May 14, 2021

What Type Of Shareholders Own The Most Number of Gencor Industries, Inc. (NASDAQ:GENC) Shares?

Every investor in Gencor Industries, Inc. ( NASDAQ:GENC ) should be aware of the most powerful shareholder groups...

Yahoo | January 7, 2021

Gencor Industries Earnings Report: Here’s what to expect from Stock market Insights & financial analysis

Gencor Industries announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…

Stock Market Daily | December 16, 2020

Investors Who Bought Gencor Industries (NASDAQ:GENC) Shares Five Years Ago Are Now Up 81%

When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...

Yahoo | October 27, 2020

What Do The Returns At Gencor Industries (NASDAQ:GENC) Mean Going Forward?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep...

Yahoo | September 21, 2020

Gencor Industries (GENC) Has Risen 18% in Last One Year, Outperforms Market

If you are looking for the best ideas for your portfolio you may want to consider some of Palm Valley Capital Management's top stock picks. Palm Valley Capital, an investment management firm, is bullish on Gencor Industries Inc (NASDAQ:GENC) stock. In its Q2 2019 investor letter – you can download a copy here – the […]

Yahoo | September 2, 2020

Gencor Industries, Inc. (NASDAQ:GENC) Investors Are Less Pessimistic Than Expected

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 19x, you may...

Yahoo | August 21, 2020

Gencor Releases Third Quarter Fiscal 2020 Results

ORLANDO, Fla., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $22.9 million for the quarter ended June 30, 2020 compared to $18.8 million for the quarter ended June 30, 2019.  Gross margins were 23.5% for the quarter ended June 30, 2020 compared to 25.2% for the quarter ended June 30, 2019, as the gross profit margins achieved in the current quarter were impacted by a higher percentage of revenues generated from plant and equipment sales compared with parts sales, which have a higher gross margin. Product engineering and development expenses decreased $32,000 to $849,000 for the quarter ended June 30, 2020, on reduced travel expenses. Selling, general and administrative (“SG&A”) expenses increased $51,000 to $2,522,000 for the qu...

Yahoo | August 6, 2020

Gencor taking over Volvo's paver business

Volvo Construction Equipment has signed an agreement to divest its North American Blaw-Knox paver business and associated assets to asphalt equipment manufacturer Gencor Industries.

Construction Index | August 3, 2020

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