Otter Tail Corp reports results for the quarter ended March 31 - Earnings Summary

Otter Tail

06/05/2025 24:37

Otter Tail Corp OTTR.OQ reported quarterly adjusted earnings of $1.62​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.77.  The mean expectation of three analysts for the quarter was for earnings of $1.53 per share. Wall Street expected results to range from $1.48  to $1.59 per share.

Revenue fell 2.8% to $337.35 million from a year ago; analysts expected $349.71 million.

Otter Tail Corp's reported EPS for the quarter was $1.62​.

The company reported quarterly net income of $68.1 million.

Otter Tail Corp shares had risen by 0.8% this quarter and gained 9.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% 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," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "hold"

Wall Street's median 12-month price target for Otter Tail Corp is $82.00

This summary was machine generated from LSEG data May 5 at 11:36 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
Mar. 31 2025
1.53
1.62
Beat
Dec. 31 2024
1.27
1.30
Beat
Sep. 30 2024
1.98
2.03
Beat
Jun. 30 2024
1.69
2.07
Beat