Otter Tail Corp (OTTR) Misses Q1 EPS by 18c; Trims FY15 EPS Outlook

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Otter Tail Corporation Announces First Quarter Earnings

May 4, 2015 6:00 PM EDT

Revises 2015 Earnings Guidance to $1.50 to $1.65 per Share; Completes Sale of Construction Companies

Board of Directors Declares Quarterly Dividend

FERGUS FALLS, Minn., May 4, 2015 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2015.

Summary:

Consolidated operating revenues were $202.8 million compared with $215.0 million for the first quarter of 2014.   Consolidated net income and diluted earnings from continuing operations totaled $13.8 million and $0.37 per share, respectively, compared with $21.8 million and $0.60 per share for the first quarter of 2014.   On February 28,... More

Otter Tail Corporation Announces First Quarter Earnings

May 4, 2015 6:00 PM EDT

Revises 2015 Earnings Guidance to $1.50 to $1.65 per Share; Completes Sale of Construction Companies

Board of Directors Declares Quarterly Dividend

FERGUS FALLS, Minn., May 4, 2015 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2015.

Summary:

Consolidated operating revenues were $202.8 million compared with $215.0 million for the first quarter of 2014.   Consolidated net income and diluted earnings from continuing operations totaled $13.8 million and $0.37 per share, respectively, compared with $21.8 million and $0.60 per share for the first quarter of 2014.   On February 28,... More