Earnings Preview: Otter Tail
Portfolio Pulse from Benzinga Insights
Otter Tail Corporation (NASDAQ:OTTR) is scheduled to release its quarterly earnings report on February 12, 2024. Analysts predict an EPS of $1.25. The company's past performance shows a trend of beating EPS estimates, leading to positive stock price movements. Shares have increased by 48.92% over the last year, trading at $95.52 as of February 7. Investors are particularly focused on the company's guidance for future growth.
February 09, 2024 | 2:01 pm
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Otter Tail Corporation is expected to report an EPS of $1.25 for the upcoming quarter. Historical data suggests positive stock price movements following earnings reports that beat estimates. The stock has seen a 48.92% increase over the past year.
Given Otter Tail's history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on OTTR's stock price if the trend continues. The anticipation of positive guidance for future growth further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100