Ormat Technologies(US:ORA) ZACKS·2026-02-24 15:15Core Viewpoint - Ormat Technologies (ORA) is expected to report a quarterly earnings per share (EPS) of $0.67, reflecting a 6.9% decline year-over-year, while revenues are forecasted to increase by 11.8% to $257.89 million [1] Earnings Projections - The consensus EPS estimate has been revised downward by 3% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Estimates - Analysts estimate 'Revenues- Product' to reach $42.51 million, representing a year-over-year increase of 7.2% [4] - 'Revenues- Energy storage' is projected to be $19.42 million, showing a significant year-over-year change of 77.3% [5] - The consensus for 'Revenues- Electricity' stands at $196.06 million, indicating an 8.8% increase from the previous year [5] Profit Estimates - The average prediction for 'Gross profit- Product' is $8.20 million, down from $9.71 million in the same quarter last year [5] - 'Gross profit- Electricity' is expected to be $68.47 million, compared to $62.81 million reported in the same quarter of the previous year [6] Stock Performance - Over the past month, shares of Ormat Technologies have declined by 6.8%, while the Zacks S&P 500 composite has decreased by 1% [6] - Currently, ORA holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the overall market in the near future [6]