Ormat Technologies (ORA) Surpasses Q1 Earnings Estimates

Ormat Technologies (ORA) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.24%. A quarter ago, it was expected that this geothermal company would post earnings of $0.47 per share when it actually produced earnings of $0.72, delivering a surprise of 53.19%. Over the last four quarter ...