Ormat Technologies Inc.’s ORA third-quarter 2019 adjusted earnings per share (EPS) came in at 30 cents, which missed the Zacks Consensus Estimate of 33 cents by 9.1%. The bottom line also declined 3.2% from 31 cents registered in the prior-year quarter.Excluding the one-time impact of its Puna Plant in Hawaii, the company reported GAAP earnings of 35 cents per share compared with 26 cents in the year-ago quarter.The year-over-year improvement in the bottom line can be attributed to higher revenues as well as operating income generated in the reported quarter.RevenuesOrmat Technologies’ third-quarter revenues of $170.5 million missed the Zacks Consensus Estimate of $171 million by a whisker. The top line also improved 2.4% on a year-over-year basis, primarily driven by revenue growth at its Electricity segment.Ormat Technologies, Inc. Price, Consensus and EPS Surprise Ormat Technologies, Inc. price-consensus-eps-surprise-chart | Ormat Technologies, Inc. QuoteSegment RevenuesElectricity Segment: Revenues at this segment increased 6.1% year over year to $124 million from $116.9 million. The upside was primarily driven by expanded operations at McGuinness Hills and Olkaria. Also, contributions from the USG acquisition boosted this unit’s top line.Product Segment: Revenues at this segment decreased 11.2% year over year to $43 million from $48.4 million.Other Segment: Revenues at this division amounted to $3.5 million compared with $1.2 million in the prior-year quarter.Operational UpdateIn the reported quarter, Ormat Technologies’ total cost of revenues was $115 million, down 2.3% year over year.The company’s total operating expenses were $16.8 million, down 26.7% year over year.Consequently, operating income rose 49.5% year over year to $38.7 million.Interest expenses were $20.1 million, up 7.4% year over year.Financial ConditionOrmat Technologies had cash and cash equivalents of $97.6 million as of Sep 30, 2019, compared with $98.8 million as of Dec 31, 2018.Total liabilities amounted to $1.75 billion as of Sep 30, 2019, compared with $1.67 billion as of Dec 31, 2018.2019 GuidanceOrmat Technologies updated its full-year guidance. The company currently expects to generate total revenues in the range of $731-$742 million, compared with the earlier guidance of $720-$742 million. The Zacks Consensus Estimate for the same, pegged at $735.2 million, lies just below the midpoint of the company’s guided range.Segment-wise, the company currently expects revenues at the Electricity segment to be in the range of $535-$540 million, compared with the prior guidance range of $530-$540 million, excluding any impact from Puna during 2019.The company’s Product segment revenues are now expected in the range of $185-$190 million, compared with the prior guided range of $180-$190 million.Furthermore, annual adjusted EBITDA for 2019 is anticipated in the range of $385-$390 million compared with $375-$385 million projected earlier, with no Puna-related EBITDA.Zacks RankOrmat Technologies has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Recent Oils-Energy ReleasesTOTAL S.A. TOT reported third-quarter 2019 operating earnings of $1.13 per share (€1.01 per share), beating the Zacks Consensus Estimate of 99 cents by 14.1%.Murphy Oil Corporation MUR reported third-quarter 2019 adjusted earnings of 36 cents per share, which beat the Zacks Consensus Estimate of 22 cents by 63.6%.CNX Resources Corporation CNX reported third-quarter 2019 adjusted loss of 6 cents per share, which is narrower than the Zacks Consensus Estimate of a loss of 9 cents.Wall Street’s Next AmazonZacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.Click for details >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CNX Resources Corporation. (CNX): Free Stock Analysis Report TOTAL S.A. (TOT): Free Stock Analysis Report Murphy Oil Corporation (MUR): Free Stock Analysis Report Ormat Technologies, Inc. (ORA): Free Stock Analysis Report To read this article on Zacks.com click here.