generac holdings inc shares gnrc were falling more than 3 in premarket trading wednesday after the company which sells generators and other backup power systems reported mixed quarterly results and called out a softer consumer landscape the company logged secondquarter net income of 45 million or 70 cents a share compared with 156 million or 221 a share in the yearprior quarter on an adjusted basis generac earned 108 a share down from 286 a share a year before while analysts tracked by factset were modeling 116 a share net sales fell to 100 billion from 129 billion while analysts had been anticipating 980 million “as expected overall second quarter sales declined from a strong prior year comparable period that included the significant benefit of excess backlog reduction for home standby generators” chief executive aaron jagdfeld said in a release he added that his “expectations for the consumer environment are now softer than previously projected” but said that “the longterm megatrends that are driving awareness for backup power solutions are as compelling as ever”