Ormat Technologies (ORA) Q3 Earnings and Revenues Top Estimates
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Ormat Technologies (ORA) reported Q3 earnings of $0.42 per share, surpassing the Zacks Consensus Estimate of $0.30. This is a decrease from $0.47 per share a year ago.
November 07, 2024 | 1:15 am
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Ormat Technologies reported Q3 earnings of $0.42 per share, exceeding expectations but down from last year's $0.47. This positive surprise may boost short-term stock prices.
The earnings per share of $0.42 exceeded the consensus estimate of $0.30, which is a positive indicator for investors. Despite being lower than last year's $0.47, the beat on estimates is likely to have a positive short-term impact on ORA's stock price.
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