Benzinga | Aug 4, 2021 05:21PM EDT

Ormat Technologies Q2 EPS $0.23 Misses $0.25 Estimate, Sales $146.90M Miss $151.46M Estimate

Ormat Technologies (NYSE:ORA) reported quarterly earnings of $0.23 per share which missed the analyst consensus estimate of $0.25 by 8 percent. This is a 48.89 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $146.90 million which missed the analyst consensus estimate of $151.46 million by 3.01 percent. This is a 16.01 percent decrease over sales of $174.90 million the same period last year.