Utilities·Renewable Electricity·$7.0B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.32 | N/A | -32.73% |
| Revenue | N/A | N/A | N/A |
management commentary, guidance changes, and full analysis available with Pro.
| EPS | $0.32 | N/A | -32.73% |
| Revenue | N/A | N/A | N/A |
Tone: Cautiously Optimistic
Management acknowledged the challenges faced in the quarter. They remain focused on future opportunities but did not offer specific guidance.
Management highlighted ongoing projects but did not provide specific guidance.
They expressed confidence in long-term growth despite the current EPS miss.
The earnings report indicates that Ormat Technologies faced challenges this quarter, particularly reflected in the EPS miss. The stock reacted negatively, dropping 2.1%. Investors may be concerned about the lack of guidance and the company's ability to meet expectations moving forward.
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WILLIS TOWERS WATSON
Aug 6, 2018