Stock

Ormat earnings beat by $0.02, revenue fell short of estimates

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Investing.com – Ormat (NYSE: ORA) reported third quarter EPS of $0.36, $0.02 better than the analyst estimate of $0.34. Revenue for the quarter came in at $211.8M versus the consensus estimate of $215.53M.

Ormat’s stock price closed at $81.92. It is up 12.98% in the last 3 months and up 31.24% in the last 12 months.

Ormat saw 0 positive EPS revisions and 6 negative EPS revisions in the last 90 days. See Ormat’s stock price’s past reactions to earnings here.

According to InvestingPro, Ormat’s Financial Health score is “fair performance”.

Check out Ormat’s recent earnings performance, and Ormat’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com

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