Otter Tail: 2Q Earnings Snapshot
FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported second-quarter profit of $18.7 million.
On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 47 cents.
The power company and manufacturer posted revenue of $226.3 million in the period.
Otter Tail expects full-year earnings to be $1.95 to $2.10 per share.
Otter Tail shares have increased slightly more than 9 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $48.65, a rise of 20 percent in the last 12 months.