NYSE:ORARenewable Energy
Do Upbeat EPS Revisions Reshape Ormat Technologies’ (ORA) Valuation Story Or Just Analyst Optics?
Recent analyst commentary compared Ormat Technologies with Ameresco, highlighting Ormat’s Zacks Rank of #3 (Hold) and relatively less attractive valuation metrics, alongside expectations, since realized in the past, that its upcoming quarterly report would show higher revenue but lower year-over-year earnings.
Analysts had also revised Ormat’s earnings estimates upward and pointed to a high Earnings ESP and a history of topping EPS expectations, which together drew fresh attention to how...