Ormat Technologies Q4 Earnings Beat Estimates, Revenues Down Y/Y
Shares of Ormat Technologies Inc. (ORA) rose 1% to $68.94 on Feb. 27, 2025, following the company’s fourth-quarter 2024 results release.Ormat reported fourth-quarter 2024 adjusted earnings per share of 72 cents, which beat the Zacks Consensus Estimate of 47 cents by 53.2%. The bottom line also increased 7.5% from 67 cents in the year-ago quarter.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.The company reported GAAP earnings of 67 cents per share compared with 59 cents in the y ...