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Stock impact report

Otter Tail Corporation Announces Second Quarter Earnings

Otter Tail Corporation (OTTR) 
Last otter tail corporation earnings: 2/17 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: otpco.com/about-us/investor-information
Company Research Source: GlobeNewswire
Reaffirms 2019 Earnings Per Share Guidance Range of $2.10-$2.25Board of Directors Declares Quarterly Dividend of $0.35 Per Share FERGUS FALLS, Minn., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2019. Summary: Consolidated operating revenues increased 1.3% to $229.2 million compared with $226.3 million for the second quarter of 2018.Consolidated net income and diluted earnings per share were $15.4 million and $0.39 per share, respectively, compared with $18.7 million and $0.47 per share for the second quarter of 2018.The corporation reaffirms its 2019 earnings guidance range of $2.10-$2.25 per diluted share. CEO Overview“We are reaffirming our 2019 diluted earnings per share guidance range of $2.10-$2.25. Our second quarter earnings per share is in line with our expectations. Our Electric segment quarter-over-quarter earnings decreased $3.1 million mainly due to the planned outage at Coy Show less Read more
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