Otter Tail Corp reports results for the quarter ended June 30 - Earnings Summary
Otter Tail Corp reports results for the quarter ended June 30 - Earnings Summary
Otter Tail Corp OTTR.OQ reported quarterly adjusted earnings of $1.66 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.85. The mean expectation of four analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.29 to $1.77 per share.
Revenue rose 0.4% to $334.38 million from a year ago; analysts expected $326.13 million.
Otter Tail Corp's reported EPS for the quarter was a loss of 18 cents.
The company reported a quarterly loss of $7.61 million.
Otter Tail Corp shares had fallen by 1.7% this quarter and gained 9.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."
Wall Street's median 12-month price target for Otter Tail Corp is $90.50, about 0.4% above its last closing price of $90.16
This summary was machine generated from LSEG data August 3 at 10:51 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.50 | 1.66 | Beat |
Mar. 31 2026 | 1.42 | 1.73 | Beat |
Dec. 31 2025 | 1.32 | 1.23 | Missed |
Sep. 30 2025 | 1.87 | 1.86 | Missed |
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See all newsOtter Tail Corp reports results for the quarter ended June 30 - Earnings Summary
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