Otter Tail Corp expected to post earnings of $1.13 a share - Earnings Preview

Otter Tail

30/10/2021 03:06

* Otter Tail Corp  OTTR.OQ   OTTR.O  is expected to show a rise
in quarterly revenue when it reports results on November 1. 
* The Fergus Falls, Minnesota-based company is expected to
report  a 34.7% increase in revenue to $317.633 million from
$235.76 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Otter Tail Corp is for
earnings of $1.13 per share. For the same quarter last year, the
company reported earnings of 87 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Otter Tail Corp
is $65​, about 4.6% above​ its last closing price of $62.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.54        0.54       1.01      Beat    88.2
 Mar. 31 2021  0.70        0.67       0.73      Beat    9.4
 Dec. 31 2020  0.45        0.45       0.45      Met     -1​
 Sep. 30 2020  0.66        0.65       0.87      Beat    32.9
 Jun.          0.30​       0.32       0.42      Beat    31.1​
 30​ 2020​                                              
 Mar. 31 2020  0.68        0.67       0.60      Missed  -10.5​
 Dec. 31 2019  0.50        0.51       0.51      Met     1
 Sep. 30 2019  0.65        0.65       0.62      Missed  -3.9
 This summary was machine generated October 30 at 02:06 GMT.  All
figures in US dollars unless otherwise stated