Benzinga | Nov 3, 2020 04:35PM EST

Ormat Technologies Q3 EPS $0.31 Beats $0.28 Estimate, Sales $158.90M Miss $163.83M Estimate

Ormat Technologies (NYSE:ORA) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.28 by 10.71 percent. This is a 3.33 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $158.90 million which missed the analyst consensus estimate of $163.83 million by 3.01 percent. This is a 6.80 percent decrease over sales of $170.50 million the same period last year.