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• Otter Tail Corp OTTR.OQ reported quarterly adjusted earnings of $2.07​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $1.95. The mean expectation of three analysts for the quarter was for earnings of $1.69 per share. Wall Street expected results to range from $1.63 to $1.76 per share.

• Revenue rose 1.4% to $342.34 million from a year ago; analysts expected $367.71 million.

• Otter Tail Corp's reported EPS for the quarter was $2.07​.

• The company reported quarterly income of $87 million.

• Otter Tail Corp shares had risen by 7.2% this quarter and gained 10.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 12.5% in the last three months.​

• In the last 30 days, there have been 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 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the electric utilities peer group is "sell."

Wall Street's median 12-month price target for Otter Tail Corp is $75.00

This summary was machine generated from LSEG data August 5 at 11:18 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)