Otter Tail Corp. (OTTR) Posts Quarterly Earnings, Beats Expectations By $0.04 EPS
Otter Tail Corp. (NASDAQ:OTTR) issued its quarterly earnings data on Monday. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.04, Analyst Ratings Network reports. The company had revenue of $234.61 million for the quarter, compared to the consensus estimate of $221.20 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Otter Tail Corp. updated its FY14 guidance to $1.65-1.80 EPS.
Otter Tail Corp. (NASDAQ:OTTR) traded up 0.39% during mid-day trading on Monday, hitting $28.13. 131,682 shares of the company’s stock traded hands. Otter Tail Corp. has a 52 week low of $25.84 and a 52 week high of $31.79. The stock has a 50-day moving average of $29.06 and a 200-day moving average of $29.26. The company has a market cap of $1.026 billion and a P/E ratio of 17.87.
Otter Tail Corporation is a holding company operating through its subsidiaries. It operates in five segments.
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