Ormat Technologies (NYSE: ORA ) is expected to report Q4 earnings on Feb. 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ormat Technologies's revenues will drop -17.5% and EPS will wane -85.4%.
The average estimate for revenue is $102.1 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Ormat Technologies reported revenue of $136.1 million. GAAP reported sales were 23% higher than the prior-year quarter's $110.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.23. GAAP EPS were -$0.01 for Q3 versus $0.02 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 23.9%, 840 basis points worse than the prior-year quarter. Operating margin was 15.8%, 600 basis points worse than the prior-year quarter. Net margin was -0.4%, 120 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $503.9 million. The average EPS estimate is $0.44.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 428 members out of 450 rating the stock outperform, and 22 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give Ormat Technologies a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ormat Technologies is outperform, with an average price target of $23.25.
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