Benzinga | Jul 30, 2021 10:40AM EDT

Earnings Outlook For Otter Tail

Otter Tail (NASDAQ:OTTR) announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts expect Otter Tail earnings of $0.54 per share. Revenue will likely be around $224.12 million, according to the consensus estimate. In the same quarter last year, Otter Tail reported EPS of $0.42 on revenue of $192.76 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 28.57% increase in the company's EPS figure. Sales would be up 16.27% from the same quarter last year. Here is how the Otter Tail's reported EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.67 0.45 0.64 0.32EPS Actual 0.73 0.45 0.87 0.42Revenue Estimate 246.62 M 226.59 M 229.85 M 204.93 MRevenue Actual 261.70 M 226.85 M 235.75 M 192.76 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

For a full 12 months, the return has risen by 35.77%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Otter Tail is scheduled to hold the call at 11:00:00 ET and can be accessed here.