Otter Tail (Nasdaq: OTTR ) is expected to report Q2 earnings on Aug. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Otter Tail's revenue will contract 4.8% and EPS will increase 40.0%.
The average estimate for revenue is $301.6 million. On the bottom line, the average EPS estimate is $0.21.
Last quarter, Otter Tail logged revenue of $277.6 million. GAAP reported sales were 11% higher than the prior-year quarter's $249.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.27. GAAP EPS of $0.20 for Q1 were 33% higher than the prior-year quarter's $0.15 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 19.8%, 50 basis points better than the prior-year quarter. Operating margin was 6.4%, 20 basis points better than the prior-year quarter. Net margin was 2.6%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.16 billion. The average EPS estimate is $1.16.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 973 members out of 999 rating the stock outperform, and 26 members rating it underperform. Among 286 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 280 give Otter Tail a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Otter Tail is hold, with an average price target of $21.83.
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