Ormat Technologies Inc expected to post earnings of 58 cents a share - Earnings Preview
20/02/2024 02:14
* Ormat Technologies Inc ORA.N ORA is expected to show a
rise
in quarterly revenue when it reports results on February 21 for
the period ending December 31 2023
* The Reno Nevada-based company is expected to report a
16.7% increase in revenue to $239.709 million from $205.49
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SALES is on Revenue Basis)
* LSEG's mean analyst estimate for Ormat Technologies Inc
is for
earnings of 58 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 $75.00, above its last closing price
of $67.12.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.36 0.35 0.59 Beat 68.3
Jun. 30 2023 0.34 0.34 0.40 Beat 19
Mar. 31 2023 0.48 0.50 0.51 Beat 3
Dec. 31 2022 0.49 0.48 0.73 Beat 52.1
Sep. 0.26 0.26 0.33 Beat 28.9
30 2022
Jun. 30 2022 0.20 0.20 0.22 Beat 10.2
Mar. 31 2022 0.33 0.33 0.35 Beat 6.4
Dec. 31 2021 0.29 0.30 0.41 Beat 38.7
This summary was machine generated February 20 at 02:14 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)