Otter Tail (NASDAQ:OTTR) is set to post its quarterly earnings results after the market closes on Monday, November 5th. Analysts expect Otter Tail to post earnings of $0.42 per share for the quarter. Otter Tail has set its FY18 guidance at $1.95-2.10 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
Otter Tail (NASDAQ:OTTR) last released its quarterly earnings results on Monday, August 6th. The utilities provider reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. The business had revenue of $226.30 million during the quarter, compared to analysts’ expectations of $224.80 million. Otter Tail had a return on equity of 11.74% and a net margin of 9.09%. The company’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.42 EPS. On average, analysts expect Otter Tail to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ OTTR opened at $44.93 on Friday. The firm has a market cap of $1.84 billion, a PE ratio of 23.98 and a beta of 0.53. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.44 and a quick ratio of 0.90. Otter Tail has a twelve month low of $39.00 and a twelve month high of $49.75.
A number of research firms have recently weighed in on OTTR. BidaskClub cut Otter Tail from a “buy” rating to a “hold” rating in a report on Wednesday, July 25th. Zacks Investment Research cut Otter Tail from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Otter Tail currently has a consensus rating of “Hold” and a consensus price target of $45.67.
Otter Tail Company Profile
Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics businesses in the United States. The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc markets.
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