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Otter Tail posts 1Q profit

FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported first-quarter earnings of $19.6 million.

On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 49 cents.

The power company and manufacturer posted revenue of $214.1 million in the period.

Otter Tail expects full-year earnings to be $1.60 to $1.75 per share.

Otter Tail shares have decreased roughly 4 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.30, a rise of 36 percent 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


Keywords: Otter Tail, Earnings Report