[null, {"document_url": "https://www.aol.com/2012/02/28/ormat-technologies-goes-red/", "unformatted_src": "http://g.foolcdn.com/img/editorial/templates/ORA_ERChart1_Q_2011-12-31.png", "src": "http://g.foolcdn.com/img/editorial/templates/ORA_ERChart1_Q_2011-12-31.png", "formatted_filename": "ORA ERChart Q", "alt_text": "anImage"}, null, {"document_url": "https://www.aol.com/2012/02/28/ormat-technologies-goes-red/", "unformatted_src": "http://g.foolcdn.com/img/editorial/templates/ORA_ERChart2_Q_2011-12-31.png", "src": "http://g.foolcdn.com/img/editorial/templates/ORA_ERChart2_Q_2011-12-31.png", "formatted_filename": "ORA ERChart Q", "alt_text": "anImage"}, null, null, null, null, null, null, null, null, null, null]
Ormat Technologies Goes Red

Seth Jayson, The Motley Fool, AOL.com

Ormat Technologies (NYS: ORA) reported earnings on Feb. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Ormat Technologies beat expectations on revenues and missed expectations on earnings per share.

Gross margins grew, operating margins improved, net margins dropped.

Revenue details
Ormat Technologies reported revenue of $123.7 million. The nine analysts polled by S&P Capital IQ anticipated revenue of $110.6 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $92.8 million. 

EPS details
EPS came in at -$0.95. The nine earnings estimates compiled by S&P Capital IQ averaged $0.14 per share. GAAP EPS were -$0.95 for Q4 versus $0.10 per share for the prior-year quarter. 

Margin details
For the quarter, gross margin was 26.7%, 720 basis points better than the prior-year quarter. Operating margin was 14.0%, 940 basis points better than the prior-year quarter. Net margin was -34.8%, 3,960 basis points worse than the prior-year quarter.

Next quarter's average estimate for revenue is $106.6 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $463.5 million. The average EPS estimate is $0.57.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 445 members out of 470 rating the stock outperform, and 25 members rating it underperform. Among 115 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 102 give Ormat Technologies a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ormat Technologies is hold, with an average price target of $22.11.


Can't get enough business news? Listeria risk prompts Meijer to recall produce in 6 states Amazon got a whopping 238 proposals for its second headquarters 

All index data provided on a 15 minute delay.



How to Reward Yourself

SUCCESS Magazine

Sexual Harassment: 4 Psychological Traits of Perpetrators

Quick & Dirty Tips



13 questions that will change your life


5 Places to Invest After You Max Out a Retirement Account


5 ways your cover letter can grab a recruiter's attention


How to Set a Good Example

