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0 0.00293617678874977 0.00247256992736821 0.00185442744552604 0.000772678102302537 0.0011590171534537 -0.00185442744552626 0.00324524802967074
Stock impact report

Ormat (ORA) Q4 Earnings Top Estimates, Revenues Rise Y/Y [Yahoo! Finance]

Ormat Technologies, Inc. (ORA) 
Last ormat technologies, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.ormat.com
Company Research Source: Yahoo! Finance
The company reported fourth-quarter 2023 adjusted earnings per share of 67 cents, which outpaced the Zacks Consensus Estimate of 60 cents by 11.7%. The bottom line, however, declined 8.2% on a year-over-year basis. The company reported GAAP earnings of 59 cents per share compared with 32 cents in the year-ago quarter. For 2023, Ormat generated adjusted earnings of $2.05 per share, up from $1.63 in the previous year. Ormat Technologies, Inc. Price, Consensus and EPS Surprise Ormat Technologies, Inc. price-consensus-eps-surprise-chart | Ormat Technologies, Inc. Quote Revenues In the quarter under review, ORA generated revenues of $241.3 million, which surpassed the Zacks Consensus Estimate of $240 million. Moreover, the top line rose 17.4% year over year, driven by higher revenues from electricity and product segments. For 2023, the company generated revenues worth $829.4 million, up 13% from $734.1 million recorded in 2022. Segmental Revenues Electricity : Revenues i Show less Read more
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