Ormat Technologies Inc expected to post earnings of 31 cents a share - Earnings Preview
04/11/2024 22:42
* Ormat Technologies Inc ORA.N ORA is expected to show a
rise
in quarterly revenue when it reports results on November 6 for
the period ending September 30 2024
* The Reno Nevada-based company is expected to report a
4.2% increase in revenue to $216.79 million from $208.06 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Ormat Technologies Inc
is for
earnings of 31 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Ormat
Technologies Inc is 81.50, above its last closing price
of $80.86.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.37 0.36 0.40 Beat 11.7
Mar. 31 2024 0.61 0.62 0.64 Beat 3.6
Jan. 1 0001 0.60 0.58 0.59 Beat 1.1
Sep. 30 2023 0.36 0.35 0.59 Beat 68.3
Jun. 0.34 0.34 0.40 Beat 19
30 2023
Mar. 31 2023 0.48 0.50 0.51 Beat 3
Jan. 1 0001 0.49 0.48 0.73 Beat 52.1
Sep. 30 2022 0.26 0.26 0.33 Beat 28.9
This summary was machine generated November 4 at 22:42 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)