Otter Tail Corp. (NASDAQ:OTTR) announced its earnings results on Monday. The company reported $0.41 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.01, StockRatingsNetwork reports. The company had revenue of $229.77 million for the quarter, compared to the consensus estimate of $221.40 million. During the same quarter last year, the company posted $0.35 earnings per share. Otter Tail Corp.’s revenue was up 6.7% compared to the same quarter last year. Otter Tail Corp. updated its FY13 guidance to $1.38-1.50 EPS.
Shares of Otter Tail Corp. (NASDAQ:OTTR) traded up 0.13% on Monday, hitting $29.71. The stock had a trading volume of 92,290 shares. Otter Tail Corp. has a 1-year low of $22.86 and a 1-year high of $31.88. The stock has a 50-day moving average of $28.41 and a 200-day moving average of $28.90. The company has a market cap of $1.078 billion and a P/E ratio of 40.15.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, December 10th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.30 per share. This represents a $1.19 annualized dividend and a dividend yield of 4.01%.
Otter Tail Corporation is a holding company operating through its subsidiaries. It operates in five segments.
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