Otter Tail Corp (OTTR) Tops Q4 EPS by 1c
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Otter Tail Corporation Reports 2016 Diluted Earnings per Share from Continuing Operations of $1.60, Increases Quarterly Dividend and Provides 2017 Earnings Guidance from Continuing Operations of $1.60
February 6, 2017 6:00 PM ESTFERGUS FALLS, Minn., Feb. 06, 2017 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the year ended December 31, 2016.
2016 Summary:
Consolidated operating revenues from continuing operations were $803.5 million compared with $779.8Â million in 2015.Consolidated net income from continuing operations increased to $62.0 million, or $1.60 per diluted share, from $58.6 million, or $1.56 per diluted share, in 2015.Net income from discontinued operations was $0.3 million, or $0.01 per diluted share, in 2016 compared with $0.8 million and $0.02 per diluted share in 2015.Consolidated net income totaled $62.3Â million, or $1.61 per diluted share, compared with... More