Otter Tail Corp reports results for the quarter ended in December - Earnings Summary

Otter Tail

13/02/2023 23:34

* Otter Tail Corp  OTTR.OQ  reported quarterly adjusted
earnings
of $1.00​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
84 cents per share.
    * Revenue fell 9.6% to $301.41 million from a year ago;
analysts
expected $316.60 million. 
    * Otter Tail Corp's reported EPS for the quarter was $1.00​.
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Otter Tail Corp shares had risen by 8.3% this quarter.
    * The company reported quarterly net income of $42.01
million.
    * Wall Street's median 12-month price target for Otter Tail
Corp
is $65.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
13 at 11:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.84           1.00           Beat
 Sep. 30 2022      1.82           2.01           Beat
 Jun. 30 2022      1.55           2.05           Beat
 Mar. 31 2022      1.18           1.72           Beat