Ormat Technologies (ORA) Q2 Earnings and Revenues Top Estimates

Ormat Technologies (ORA) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of$ 0.37 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 8.11%. A quarter ago, it was expected that this geothermal company would post earnings of$ 0.68 per share when it actually produced earnings of $0.65, delivering a surprise of -4.41%. Over the last four quarters ...