Ormat Technologies (ORA) Q3 Earnings and Revenues Top Estimates

分组1 - Ormat Technologies reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of$0.30 per share, but down from $0.47 per share a year ago, representing a 40$211.78 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.03% and up from $208.06 million year-over-year [2] - Over the last four quarters, Ormat Technologies has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] 分组2 - The stock has added about 8% since the beginning of the year, while the S&P 500 has gained 21.2%, indicating underperformance relative to the broader market [3] - The current consensus EPS estimate for the coming quarter is $0.65 on revenues of$240.26 million, and for the current fiscal year, it is $1.92 on revenues of$889.16 million [7] - The Zacks Industry Rank for Alternative Energy - Other is currently in the bottom 35% of over 250 Zacks industries, suggesting potential challenges for the sector [8]