Ormat Technologies (NYSE:ORA) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Ormat Technologies beat estimated earnings by 20.59%, reporting an EPS of $0.41 versus an estimate of $0.34.
Revenue was up $11.61 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 2.94% increase in the share price the next day.
Here's a look at Ormat Technologies's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.25 | 0.37 | 0.34 |
| EPS Actual | 0.32 | 0.23 | 0.42 | 0.39 |
| Revenue Estimate | 160.29M | 151.46M | 167.90M | 182.82M |
| Revenue Actual | 158.84M | 146.90M | 166.35M | 179.38M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
