Ormat Technologies (ORA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Ormat Technologies reported revenue of $229.76 million for Q1 2025, a year-over-year increase of 2.5% and an EPS of $0.68, up from $0.65 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $233.11 million by -1.44%, while the EPS exceeded the consensus estimate of $0.58 by +17.24% [1] Revenue Breakdown - Product revenue was $31.77 million, below the five-analyst average estimate of $38.92 million, representing a year-over-year increase of +28.1% [4] - Energy storage revenue reached $17.75 million, significantly surpassing the average estimate of $11.78 million, with a year-over-year change of +119.2% [4] - Electricity revenue was $180.24 million, slightly below the average estimate of $183.92 million, reflecting a year-over-year decrease of -5.8% [4] Profitability Metrics - Gross profit from product sales was $7.09 million, compared to the average estimate of $7.28 million [4] - Gross profit from energy storage was $5.43 million, exceeding the average estimate of $2.21 million [4] - Gross profit from electricity was $60.41 million, below the average estimate of $71.39 million [4] Stock Performance - Ormat Technologies' shares returned +8.5% over the past month, compared to the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]