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Otter Tail: 1Q Earnings Snapshot

FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported first-quarter net income of $26.3 million.

On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 66 cents.

The power company and manufacturer posted revenue of $246 million in the period.

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

Otter Tail shares have increased 5.5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $52.38, an increase of 18% in the last 12 months.


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