Otter Tail: Second Quarter Earnings Information

Otter Tail OTTR released its second quarter results on Monday, August 1, 2022 at 6:00 p.m.

Here's what investors need to know about the announcement.

Earnings

Otter Tail beat its estimated earnings by 47.48%, recording EPS of $2.05 versus an estimated $1.39.

Revenue increased by $114.43 million over the same period last year.

Past Earnings Performance

Last quarter, the company beat EPS by $0.55, followed by a 3.45% increase in share price the next day.

Here's a look at Otter Tail's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS estimate 1.17 1.07 1.12 0.54 Actual EPS 1.72 1.23 1.26 1.01 Revenue estimate 324.71M 322.24M 317.63M 224.12M Actual turnover 374.90M 333.23M 316.29M 285.61M

To follow all earnings releases for Otter Tail, visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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