Core Insights - Ormat Technologies (ORA) reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.58 per share, and showing an increase from $0.65 per share a year ago, resulting in an earnings surprise of 17.24% [1] - The company posted revenues of $229.76 million for the quarter ended March 2025, which was 1.44% below the Zacks Consensus Estimate, but an increase from $224.17 million year-over-year [2] - Ormat Technologies has outperformed the S&P 500, gaining approximately 6.4% since the beginning of the year, while the S&P 500 has declined by 4.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.41, with expected revenues of $225.88 million, and for the current fiscal year, the EPS estimate is $2 on revenues of $955.06 million [7] - The estimate revisions trend for Ormat Technologies is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Alternative Energy - Other industry, to which Ormat Technologies belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Ormat Technologies (ORA) Surpasses Q1 Earnings Estimates