Otter Tail Corp (OTTR) Posts Mixed Q2 Results

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Go back to Otter Tail Corp (OTTR) Posts Mixed Q2 Results

Otter Tail Corporation Announces Second Quarter Earnings; Expects to be in Middle to Upper Half of Consolidated Earnings From Continuing Operations Guidance Range of $1.50 to $1.65 Per Share, Board of

August 3, 2015 6:13 PM EDT

FERGUS FALLS, Minn., Aug. 03, 2015 (GLOBE NEWSWIRE) --

Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the quarter ended June 30, 2015.

Summary:

Consolidated operating revenues from continuing operations were $188.2 million compared with $194.4 million in the second quarter of 2014.Consolidated net income and diluted earnings from continuing operations totaled $13.7 million and $0.36 per share, respectively, compared with $7.9 million and $0.21 per share in the second quarter of 2014.On April 30, 2015 the corporation finalized the sale of the stock of its former... More