Ormat Technologies Inc expected to post earnings of 37 cents a share - Earnings Preview
02/08/2024 22:24
* Ormat Technologies Inc ORA.N ORA is expected to show a
rise
in quarterly revenue when it reports results on August 6 for
the period ending June 30 2024
* The Reno Nevada-based company is expected to report a
9.9% increase in revenue to $214.136 million from $194.8 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 37 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 $78.50, above its last closing price
of $75.41.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.61 0.63 0.64 Beat 2.1
Dec. 31 0001 0.60 0.59 0.59 Met -0.7
Sep. 30 2023 0.36 0.35 0.59 Beat 68.3
Jan. 1 0001 0.34 0.34 0.40 Beat 19
Mar. 0.48 0.50 3
31 2023
Jan. 1 0001 0.49 0.48 52.1
Sep. 30 2022 0.26 0.26 0.33 Beat 28.9
Jun. 30 2022 0.20 0.20 0.22 Beat 10.2
This summary was machine generated August 2 at 21:24 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)