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Otter Tail: 2Q Earnings Snapshot

Associated Press
Updated

FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported second-quarter net income of $15.4 million.

On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 39 cents.

The power company and manufacturer posted revenue of $229.2 million in the period.

Otter Tail expects full-year earnings to be $2.10 to $2.25 per share.

Otter Tail shares have increased slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $51.28, an increase of 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OTTR at https://www.zacks.com/ap/OTTR