We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ormat Technologies (ORA) Reports Q2 Earnings: What Key Metrics Have to Say
Read MoreHide Full Article
Ormat Technologies (ORA - Free Report) reported $258.76 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 10.6%. EPS of $0.50 for the same period compares to $0.48 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $235.87 million, representing a surprise of +9.7%. The company delivered an EPS surprise of +72.41%, with the consensus EPS estimate being $0.29.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: 1,803.73 GWH versus 1,844.44 GWH estimated by two analysts on average.
Revenues- Product: $46.74 million versus the four-analyst average estimate of $43.52 million. The reported number represents a year-over-year change of -21.6%.
Revenues- Energy Storage: $42.77 million versus the four-analyst average estimate of $21.62 million.
Revenues- Electricity: $169.25 million versus the four-analyst average estimate of $169.21 million. The reported number represents a year-over-year change of +5.8%.
Gross Profit- Electricity: $40.13 million compared to the $44.86 million average estimate based on four analysts.
Gross Profit- Energy Storage: $24.04 million compared to the $4.23 million average estimate based on four analysts.
Gross Profit- Product: $4.52 million versus the four-analyst average estimate of $8.44 million.
Shares of Ormat Technologies have returned -2.7% over the past month versus the Zacks S&P 500 composite's +2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
Image: Bigstock
Ormat Technologies (ORA) Reports Q2 Earnings: What Key Metrics Have to Say
Ormat Technologies (ORA - Free Report) reported $258.76 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 10.6%. EPS of $0.50 for the same period compares to $0.48 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $235.87 million, representing a surprise of +9.7%. The company delivered an EPS surprise of +72.41%, with the consensus EPS estimate being $0.29.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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 -2.7% over the past month versus the Zacks S&P 500 composite's +2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.