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Ormat Technologies (ORA) Lags Q1 Earnings and Revenue Estimates
ORAOrmat Technologies(ORA) Zacks Investment Research·2024-05-08 23:56

Ormat Technologies (ORA) came out with quarterly earnings of 0.65pershare,missingtheZacksConsensusEstimateof0.65 per share, missing the Zacks Consensus Estimate of 0.68 per share. This compares to earnings of 0.51pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−4.410.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.41%. A quarter ago, it was expected that this geothermal company would post earnings of 0.60 per share when it actually produced earnings of $0.67, delivering a surprise of 11.67%.Over the last four quarters, ...