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Ormat Technologies (ORA) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2026, Ormat Technologies (ORA - Free Report) reported revenue of $403.91 million, up 75.8% over the same period last year. EPS came in at $1.30, compared to $0.68 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $349.29 million, representing a surprise of +15.64%. The company delivered an EPS surprise of +41.3%, with the consensus EPS estimate being $0.92.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Ormat Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Power plants generated: 2,029.63 GWH versus the two-analyst average estimate of 2,058.36 GWH.
Revenues- Product: $177.4 million versus $144.12 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +458.4% change.
Revenues- Energy Storage: $44.9 million versus $25.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +152.9% change.
Revenues- Electricity: $181.6 million versus the three-analyst average estimate of $185.22 million. The reported number represents a year-over-year change of +0.8%.
Gross Profit- Electricity: $55.86 million versus the three-analyst average estimate of $62.97 million.
Gross Profit- Energy Storage: $26.54 million compared to the $6.95 million average estimate based on three analysts.
Gross Profit- Product: $37.97 million compared to the $30.24 million average estimate based on three analysts.
Shares of Ormat Technologies have returned +7.6% over the past month versus the Zacks S&P 500 composite's +11% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Ormat Technologies (ORA) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2026, Ormat Technologies (ORA - Free Report) reported revenue of $403.91 million, up 75.8% over the same period last year. EPS came in at $1.30, compared to $0.68 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $349.29 million, representing a surprise of +15.64%. The company delivered an EPS surprise of +41.3%, with the consensus EPS estimate being $0.92.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Ormat Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Ormat Technologies here>>>
Shares of Ormat Technologies have returned +7.6% over the past month versus the Zacks S&P 500 composite's +11% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.