Post-earnings recap
Reported
Wed, May 6, 2026
EPS actual
$1.30
EPS est.
$0.92
EPS surprise
+41.30%
1-day move
-0.42%
Ormat Technologies reported a strong earnings per share, significantly beating expectations. However, the stock reacted negatively, declining by 0.42%. The lack of revenue data and management commentary may have contributed to investor uncertainty.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.30 | $0.91 | +41.30% |
| Revenue | N/A | $349M | N/A |
No transcript is on record, and the analysis is based solely on numerical results.
Ormat Technologies, Inc. is a leader in the renewable electricity sector, focusing on geothermal energy and recovered energy generation. With a market cap of $7 billion, the company plays a crucial role in the shift towards sustainable energy solutions, which is increasingly important as global demand for clean energy rises.
Last quarter
In Q4-2025, Ormat reported an EPS of $0.67, matching analyst expectations with a slight positive surprise. The stock saw a modest increase of 1.04% the following day.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+31.54%
Avg 1-day reaction
+0.00%
Analysts expect Ormat to report solid earnings this quarter, with a consensus EPS of $0.91 and revenue of $349 million. The market is closely watching how the company navigates the growing demand for renewable energy.
Bull case
If Ormat exceeds EPS expectations, it could signal strong operational efficiency and demand for its renewable energy solutions, potentially leading to a positive stock reaction.
Bear case
Conversely, if the company falls short of earnings expectations or provides weak guidance, it may raise concerns about its growth prospects in a competitive market.
Key metrics to watch
EPS
$0.91Earnings per share is a critical indicator of profitability and helps investors gauge the company's financial health.
Revenue
$349MRevenue growth reflects the company's ability to expand its operations and capture market share in the renewable energy sector.
The print will turn on these.
Q1
Will Ormat's EPS exceed the consensus estimate of $0.91?
A beat on EPS would reinforce investor confidence in the company's profitability and operational strength.
Q2
What guidance will management provide regarding future revenue growth?
Forward-looking guidance is crucial for assessing the company's growth trajectory in the competitive renewable energy market.
—
Est. EPS
$0.01
Est. Rev
$918M
Impl. Move
±9.1%
Why consensus could be wrong
The consensus may underestimate Ormat's ability to leverage its geothermal assets, particularly in a market increasingly focused on sustainability.
Supporting evidence
Ormat has consistently beaten EPS estimates, indicating stronger operational performance than analysts anticipate.
The options market is pricing a larger move than historical averages suggest, indicating potential for a significant reaction.
Recent trends in renewable energy demand could lead to higher revenue than expected, especially if new projects are announced.
Key risk
If Ormat's revenue exceeds $360 million, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is critical as it will reflect Ormat's ability to capitalize on the growing renewable energy market.
Bull confirmed if
An EPS of $0.95 or higher would confirm strong demand and operational efficiency.
Bear confirmed if
An EPS below $0.74 would raise concerns about profitability and market competitiveness.
What the market is pricing for the move.
Implied Move
±6.5%
Historical Avg
±0.7%
The options market is pricing in a significant move, suggesting that traders anticipate volatility around the earnings announcement.
Options are pricing ±7.0% while ORA has averaged ±0.7% over the last 8 prints — setup is pricing rich.
ATM IV
0.5%
30d HV
31.3%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Utilities
Fade rate: 5 of 15 (33%)
This setup has occurred 30 times across Utilities in the last 2 years. 10 of 15 (67%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 2.0%, with a raw directional average of -0.1% (roughly flat historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
96.61%
of float
Insider
0.42%
of float
Holders
614
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
8,231,164 sh · $740.6M
13.38%
-13.9%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Ormat beats expectations, history suggests a potential stock increase of around 0.59%, confirming strong operational performance.
In line / cautious
If results are in line with expectations, the stock may react cautiously, reflecting uncertainty in future growth.
Miss
A miss on earnings could lead to a decline, with historical data suggesting a potential drop of around 0.66%.
The lines on the call that would change the story.
Vanguard Portfolio Management LLC
3,060,774 sh · $275.4M
4.98%
2.1%
Vanguard Capital Management LLC
2,666,310 sh · $239.9M
4.34%
1.5%
State Street Corporation
2,514,455 sh · $226.2M
4.09%
3.1%
Clal Insurance Enterprises Holdings Ltd
2,382,484 sh · $214.4M
3.87%
23.8%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.