The exciting news about Ormat Technologies (NYSE: ORA) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $0.31 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $216.79 million for the period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $892.19 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.89 per share during the same period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.47. This considerable sum was attributed to the company's total revenue, which reached an impressive $208.06 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.40 | 0% | 212.96 M | +9.3% |
| Q1 2024 | $0.65 | +27.5% | 224.17 M | +21.0% |
| Q4 2023 | $0.67 | -8.2% | 241.34 M | +17.4% |
| Q3 2023 | $0.47 | +42.4% | 208.06 M | +18.3% |
| Q2 2023 | $0.40 | +81.8% | 194.80 M | +15.2% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 7th November 2024 at 10:00 AM eastern time, in a conference call with public.
Ormat Technologies (ORA) closed Friday's regular trading session at $78.71, marking a 0.39 percent fall, with a volume of 420.20 thousand shares.
