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.
颶風海倫娜在頂峯時讓470萬人斷電，週二仍有超過150萬人停電。凱班克分析師認爲今年的活躍颶風季可能成爲generac控股公司（紐交所：GNRC）的潛在催化劑，因爲消費者正在購買備用和便攜式發電機。
The Details:
細節：
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.
凱班克資本市場發佈警報，強調2024年第三季度日均停電次數達到約3200萬，比歷史平均水平高出82%，同比增長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.
分析師指出，第一個因素是兩起重大颶風事件——颶風貝瑞爾於7月8日登陸，颶風海倫娜於9月26日登陸。該公司表示，中西部地區兩次暴風雨爆發以及颶風弗朗西娜登陸路易斯安那也導致了該季度的停電記錄。
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.
凱班克指出，作爲自2018年以來最活躍的停電季節，generac有望受益，因爲歷史上活躍的夏季停電可能導致人們對備用電源的新興興趣。generac股價在颶風海倫娜登陸後的過去五天上漲了近9%，股價在過去六個月上漲了超過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可能會因颶風海倫娜登陸前的購買增加而推動營業收入增長。根據Benzinga Pro的數據，該公司將於十月底報告第三季度財務業績，預計每股收益爲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股價動態：據Benzinga Pro報道，generac股票在週三出版時上漲了1.48%，報160.51美元。
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