Otter Tail: 2Q Earnings Snapshot
FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported second-quarter net income of $15.4 million.
On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 39 cents.
The power company and manufacturer posted revenue of $229.2 million in the period.
Otter Tail expects full-year earnings to be $2.10 to $2.25 per share.
Otter Tail shares have increased slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $51.28, an increase of 6% in the last 12 months.