Hurricane Helene Adds To 'Most Active Quarter' For Power Outages, Driving Back-Up Generator Demand
Hurricane Helene Adds To 'Most Active Quarter' For Power Outages, Driving Back-Up Generator Demand
Analysts noted the quarter was "bookended" by two major hurricanes, Hurricane Beryl which made landfall on July 8 and Hurricane Helene which made landfall on Sept. 26. The firm said two outbreaks of strong storms across the Midwest and Hurricane Francine's landfall in Louisiana also contributed to the record outages during the quarter.Hurricane Helene left 4.7 million people without power at its peak and more than 1.5 million people remained without power as of Tuesday. Analysts at KeyBanc see this year's active hurricane season as a potential catalyst for Generac Holdings Inc. (NYSE:GNRC) as consumers reach for back-up and portable power generators.
飓风海伦娜在顶峰时让470万人断电，周二仍有超过150万人停电。凯班克分析师认为今年的活跃飓风季可能成为generac控股公司（纽交所：GNRC）的潜在催化剂，因为消费者正在购买备用和便携式发电机。
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KeyBanc Capital Markets released an alert highlighting average daily power outages reached approximately 32 million in the third quarter of 2024, 82% higher than the historical average and up 154% year-over-year.
凯班克资本市场发布警报，强调2024年第三季度日均停电次数达到约3200万，比历史平均水平高出82%，同比增长154%。
Analysts noted the quarter was "bookended" by two major hurricanes, Hurricane Beryl which made landfall on July 8 and Hurricane Helene which made landfall on Sept. 26. The firm said two outbreaks of strong storms across the Midwest and Hurricane Francine's landfall in Louisiana also contributed to the record outages during the quarter.
分析师指出，第一个因素是两起重大飓风事件——飓风贝瑞尔于7月8日登陆，飓风海伦娜于9月26日登陆。该公司表示，中西部地区两次暴风雨爆发以及飓风弗朗西娜登陆路易斯安那也导致了该季度的停电记录。
KeyBanc pointed to Generac as positioned to benefit from the most active quarter for power outages since 2018 as the historically active summer of power outages likely drove a renewed interest in backup power sources. Generac shares have climbed nearly 9% over the past five days following Hurricane Helene's landfall, and the stock is up more than 25% over the past six months.
凯班克指出，作为自2018年以来最活跃的停电季节，generac有望受益，因为历史上活跃的夏季停电可能导致人们对备用电源的新兴兴趣。generac股价在飓风海伦娜登陆后的过去五天上涨了近9%，股价在过去六个月上涨了超过25%。
Generac could see a lift in revenue driven by increased purchases likely to have been made ahead of Hurricane Helene. The company will report its third-quarter financial results at the end of October with estimated earnings of $1.94 per share, according to data from Benzinga Pro.
generac可能会因飓风海伦娜登陆前的购买增加而推动营业收入增长。根据Benzinga Pro的数据，该公司将于十月底报告第三季度财务业绩，预计每股收益为1.94美元。
GNRC Price Action: According to Benzinga Pro, Generac shares are up 1.48% at $160.51 at the time of publication Wednesday.
GNRC股价动态：据Benzinga Pro报道，generac股票在周三出版时上涨了1.48%，报160.51美元。
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图片：shutterstock
