Otter Tail Corp expected to post earnings of $1.98 a share - Earnings Preview

Reuters
2024-11-02

* Otter Tail Corp is expected to show a rise in quarterly revenue when it reports results on November 4 for the period ending September 30 2024

* The Fergus Falls Minnesota-based company is expected to report a 5.3% increase in revenue to $377.155 million from $358.06 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Otter Tail Corp is for earnings of $1.98 per share.

* 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 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 80.00​, above​ its last closing price of $78.09. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 1.69 1.69 2.07 Beat 22.2

Mar. 31 2024 1.45 1.45 1.77 Beat 21.8

Dec. 31 2023 1.25 1.25 1.37 Beat 9.8​

Sep. 30 2023 1.62 1.62 2.19 Beat 35

​​Jun. 1.43 1.45 1.95 Beat 34.7

30 2023

Mar. 31 2023 1.00 1.01 1.49 Beat 46.9​

Dec. 31 2022 0.85 0.84 1.00 Beat 18.8

Sep. 30 2022 1.84 1.82 2.01 Beat 10.2

This summary was machine generated November 2 at 02:17 GMT. 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)

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