Otter Tail Corp (OTTR) Tops Q2 EPS by 3c; Reaffirms
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Otter Tail Corporation Announces Second Quarter Earnings, Reaffirms 2016 Earnings Guidance Range; Board of Directors Declares Quarterly Dividend
August 8, 2016 6:00 PM EDTFERGUS FALLS, Minn., Aug. 08, 2016 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the quarter ended June 30, 2016.
Summary:
Consolidated operating revenues were $203.5 million compared with $188.2 million for the second quarter of 2015.Consolidated net income and diluted earnings from continuing operations totaled $15.6 million and $0.41 per share, respectively, compared with $13.7 million and $0.36 per share for the second quarter of 2015.Consolidated net income totaled $15.7 million, or $0.41 per diluted share, compared with $11.4 million and $0.30 per diluted share for the second quarter of 2015,... More