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ORABearishEarningsnews
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Ormat Technologies (ORA) Lags Q1 Earnings and Revenue Estimates

May 8, 2024, 8:01 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Ormat Technologies reported earnings of $0.65 per share, missing estimates. - Revenues were $224.17 million, missing estimates by 0.09%. - Ormat has surpassed consensus EPS estimates three times in the last four quarters. - Investors should monitor earnings outlook and industry performance. - Altus Power, Inc. is expected to report a quarterly loss of $0.08 per share on May 9. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Ormat Technologies reported earnings of $0.65 per share, missing estimates.
  • Revenues were $224.17 million, missing estimates by 0.09%.
  • Ormat has surpassed consensus EPS estimates three times in the last four quarters.
  • Investors should monitor earnings outlook and industry performance.
  • Altus Power, Inc. is expected to report a quarterly loss of $0.08 per share on May 9.

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