Benzinga | Feb 24, 2021 05:06PM EST

Ormat Technologies Q4 EPS $0.39 Beats $0.34 Estimate, Sales $179.38M Miss $182.82M Estimate

Ormat Technologies (NYSE:ORA) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.34 by 14.71 percent. This is a 62.5 percent increase over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $179.38 million which missed the analyst consensus estimate of $182.82 million by 1.88 percent. This is a 6.79 percent decrease over sales of $192.44 million the same period last year.