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Otter Tail: Q2 Earnings Snapshot

Otter Tail: Q2 Earnings Snapshot

By AP News
Published - Jul 31, 2023, 06:18 PM ET
Last Updated - Jul 31, 2023, 06:18 PM EDT

FERGUS FALLS, Minn. (AP) — FERGUS FALLS, Minn. (AP) — Otter Tail Corp. (OTTR) on Monday reported profit of $82 million in its second quarter.

The Fergus Falls, Minnesota-based company said it had net income of $1.95 per share.

The power company and manufacturer posted revenue of $337.7 million in the period.

Otter Tail expects full-year earnings to be $5.70 to $6 per share.

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