Otter Tail Corporation (NASDAQ: OTTR) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
As per the projections made by financial experts on Wall Street, the establishment is expected to announce an estimated $1.98 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $377.15 million.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $2.19. This was attributed to the company's total revenue, which amounted to an impressive $358.06 million during that same period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.4 billion. Moreover, they anticipate the company to disclose profit of $7.1 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.07 | +6.2% | 342.34 M | +1.4% |
| Q1 2024 | $1.77 | +18.8% | 347.07 M | +2.4% |
| Q4 2023 | $1.37 | +37.0% | 314.31 M | +4.3% |
| Q3 2023 | $2.19 | +9.0% | 358.06 M | -6.7% |
| Q2 2023 | $1.95 | -4.9% | 337.72 M | -15.6% |
| *Growth on year-over-year basis | ||||
OTTR will host a conference call with investment community on 5th November 2024 at 11:00 AM eastern time to discuss the financial results.
Otter Tail Corporation (OTTR) closed Friday's regular trading session at $78.09, marking a 0.55 percent downfall, with a volume of 170.10 thousand shares.
