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

Otter Tail

01/11/2022 24:00

* Otter Tail Corp  OTTR.OQ  reported quarterly adjusted
earnings
of $2.01​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of $1.82 per share.
    * Revenue rose 21.4% to $383.86 million from a year ago;
analysts
expected $357.76 million. 
    * Otter Tail Corp's reported EPS for the quarter was $2.01​.
    * The mean earnings estimate of analysts had risen by
about 53.4%
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 11.7% this quarter and
lost 3.8% so far this year.
    * The company reported quarterly net income of $84.24
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," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 12:00 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.82           2.01           Beat
 Jun. 30 2022      1.55           2.05           Beat
 Mar. 31 2022      1.18           1.72           Beat
 Dec. 31 2021      1.19           1.23           Beat