Otter Tail Reports Third Quarter GAAP EPS and Revenue Misses
Otter Tail (OTTR) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of $1.41, missing estimates by $0.11. Total revenue for the quarter reached $320.51 million, representing a 1.6% decline year-over-year and falling $7.49 million below anticipated levels. The results reflect a contraction in top-line performance compared to the previous year.
Tickers: $OTTR
Topics: EPS miss quarterly earnings revenue miss