Otter Tail Corp expected to post earnings of 67  cents a share - Earnings Preview

Otter Tail

30/04/2021 21:32

* Otter Tail Corp  OTTR.OQ   OTTR.O  is expected to show a rise
in quarterly revenue when it reports results on May 3.
* The Fergus Falls, Minnesota-based company is expected to
report  a 5.1% increase in revenue to $246.619 million from
$234.75 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 67 cents per share. For the same quarter last year,
the company reported earnings of 60 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 $52​, about 9.7% above​ its last closing price of $46.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.45        0.45       0.45      Met     -1
 Sep. 30 2020  0.66        0.65       0.87      Beat    32.9
 Jun. 30 2020  0.30        0.32       0.42      Beat    31.1​
 Mar. 31 2020  0.68        0.67       0.60      Missed  -10.5
 Dec.          0.50​       0.51       0.51      Met     1​
 31​ 2019​                                              
 Sep. 30 2019  0.65        0.65       0.62      Missed  -3.9​
 Jun. 30 2019  0.48        0.46       0.39      Missed  -14.3
 Mar. 31 2019  0.69        0.69       0.66      Missed  -4.3
 This summary was machine generated April 30 at 20:32 GMT.  All
figures in US dollars unless otherwise stated