Otter Tail Corp (OTTR) Tops Q1 EPS by 7c
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Otter Tail Corporation Announces First Quarter Earnings
May 2, 2016 6:00 PM EDTFERGUS FALLS, Minn., May 02, 2016 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the quarter ended March 31, 2016.
Summary:
Consolidated operating revenues were $206.2 million compared with $202.8 million for the first quarter of 2015.Consolidated net income and diluted earnings from continuing operations totaled $14.5 million and $0.38 per share, respectively, compared with $13.8 million and $0.37 per share for the first quarter of 2015.Consolidated net income totaled $14.5 million, or $0.38 per diluted share, compared with $17.9 million and $0.48 per diluted share for the first quarter of 2015, reflecting $0.11 in... More