Earnings Preview For Otter Tail
Portfolio Pulse from Benzinga Insights
Otter Tail (NASDAQ:OTTR) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $1.62. The company's previous quarter saw an EPS beat by $0.50, resulting in a 9.59% increase in share price the next day. Shares of Otter Tail were trading at $71.15 as of October 26, with a 52-week increase of 4.78%.
October 27, 2023 | 7:01 pm
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Otter Tail is expected to report an EPS of $1.62 for Q3 2023. The company's stock price increased by 9.59% the day after the last earnings beat. The stock was trading at $71.15 as of October 26, with a 52-week increase of 4.78%.
The company's earnings report is a significant event that can impact its stock price. Given the positive performance after the last earnings beat, there is potential for a similar reaction if the company beats the EPS estimate again. The stock's positive 52-week performance also indicates a generally bullish sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100