Company Overview - Ormat Technologies (ORA) shares have increased by approximately 1.4% since the last earnings report, underperforming the S&P 500 [1] - The most recent earnings report is essential for understanding the key drivers of the company's performance [1] Earnings Estimates - Fresh estimates for Ormat Technologies have remained flat over the past month [2] VGM Scores - Ormat Technologies has a Growth Score of B, a Momentum Score of D, and a Value Score of B, placing it in the top 40% for the value investment strategy [3] - The aggregate VGM Score for the stock is B, which is relevant for investors not focused on a single strategy [3] Outlook - Ormat Technologies holds a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4] Industry Performance - Ormat Technologies is part of the Zacks Alternative Energy - Other industry, where Clearway Energy (CWEN) has seen a gain of 5.4% over the past month [5] - Clearway Energy reported revenues of $298 million for the last quarter, reflecting a year-over-year increase of 13.3%, with an EPS of $0.03 compared to -$0.02 a year ago [5] - For the current quarter, Clearway Energy is projected to post earnings of $0.70 per share, indicating a year-over-year change of 62.8% [6]
Why Is Ormat Technologies (ORA) Up 1.4% Since Last Earnings Report?