Otter Tail Corp expected to post earnings of $1.82 a share - Earnings Preview

Otter Tail

29/10/2022 01:24

* Otter Tail Corp  OTTR.OQ   OTTR.O  is expected to show a
rise in
quarterly revenue when it reports  results on October 31. 
    * The Fergus Falls Minnesota-based  company is expected to
report 
a 13.1% increase in revenue to $357.763 million from $316.29
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 $1.82 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "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​, below​ its last closing price of $68.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.57        1.55       2.05      Beat    32.5
 Mar. 31 2022  1.09        1.18       1.72      Beat    46.2
 Dec. 31 2021  1.19        1.19       1.23      Beat    3.8​
 Sep. 30 2021  1.12        1.13       1.26      Beat    11.3
 ​​Jun.        0.54        0.54       1.01      Beat    88.2
 30 2021                                                
 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
 This summary was machine generated October 29 at 00:24 GMT.  All
figures in US dollars  unless otherwise stated