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Otter Tail OTTR reported its Q2 earnings results on Monday, August 1, 2022 at 06:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Otter Tail beat estimated earnings by 47.48%, reporting an EPS of $2.05 versus an estimate of $1.39.
Revenue was up $114.43 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.55 which was followed by a 3.45% increase in the 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 |
| EPS Actual | 1.72 | 1.23 | 1.26 | 1.01 |
| Revenue Estimate | 324.71M | 322.24M | 317.63M | 224.12M |
| Revenue Actual | 374.90M | 333.23M | 316.29M | 285.61M |
To track 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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Image and article originally from www.benzinga.com. Read the original article here.