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BUZZ-Ormat Technologies rises after Q4 profit beat

ReutersFeb 27, 2025 11:29 AM

Shares of renewable energy company Ormat Technologies ORA.N rise 3.2% to $70.44 premarket

Company on Wednesday reported Q4 adj. earnings of 72 cents per share vs analysts' avg. est. of 51 cents - data compiled by LSEG

ORA posted Q4 adj. core profit of $145.5 million, compared with $139 million a year ago

Company expects 2025 adj. core profit to be between $563 million and $593 million vs est. of $587.29 million

ORA forecast 2025 total revenue between $935 million and $975 million vs est. of $959.88 million

As of previous close, stock up ~1% YTD

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