Benzinga | May 5, 2021 05:18PM EDT

Ormat Technologies Q1 EPS $0.42 Beats $0.37 Estimate, Sales $166.35M Miss $167.90M Estimate

Ormat Technologies (NYSE:ORA) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.37 by 13.51 percent. This is a 20.75 percent decrease over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $166.35 million which missed the analyst consensus estimate of $167.90 million by 0.92 percent. This is a 13.41 percent decrease over sales of $192.11 million the same period last year.