Otter Tail Corporation

OTTR

US6896481032

Electric Utilities

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-17 pm EDT			5-day change	1st Jan Change
92.16 ^USD	-0.07%		-0.84%	+8.46%

May. 07	Transcript : Otter Tail Corporation, Q1 2024 Earnings Call, May 07, 2024
May. 07	Otter Tail's Q1 Earnings, Revenue Rise	MT

Otter Tail Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 06, 2024

Otter Tail Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 141.49 million compared to USD 151.91 million a year ago. Revenue was USD 347.07 million compared to USD 339.08 million a year ago.

Net income was USD 74.34 million compared to USD 62.48 million a year ago. Basic earnings per share from continuing operations was USD 1.78 compared to USD 1.5 a year ago. Diluted earnings per share from continuing operations was USD 1.77 compared to USD 1.49 a year ago.

Latest news about Otter Tail Corporation

Transcript : Otter Tail Corporation, Q1 2024 Earnings Call, May 07, 2024	May. 07
Otter Tail's Q1 Earnings, Revenue Rise	May. 07	MT
Earnings Flash (OTTR) OTTER TAIL CORPORATION Posts Q1 Revenue $347.1M, vs. Street Est of $353.7M	May. 06	MT
Otter Tail Corporation Increases Earnings Guidance for the Year 2024	May. 06	CI
Otter Tail Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 06	CI
Otter Tail Maintains Quarterly Dividend at $0.4675 per Share, Payable on June 10 to Shareholders of Record on May 15	May. 03	MT
Otter Tail Corporation Declares Quarterly Dividend, Payable on June 10, 2024	May. 03	CI
Otter Tail Corporation announced that it has received $120 million in funding	Mar. 27	CI
Transcript : Otter Tail Corporation, Q4 2023 Earnings Call, Feb 13, 2024	Feb. 13
Earnings Flash (OTTR) OTTER TAIL CORPORATION Reports Q4 Revenue $314.3M, vs. Street Est of $322.2M	Feb. 12	MT
Earnings Flash (OTTR) OTTER TAIL CORPORATION Reports Q4 EPS $1.37, vs. Street Est of $1.25	Feb. 12	MT
Otter Tail Corporation Provides Earnings Guidance for the Year 2024	Feb. 12	CI
Otter Tail Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 12	CI
North American Morning Briefing : Stock Futures -2-	Feb. 12	DJ
Otter Tail Corporation Increases Quarterly Dividend, Payable on March 8, 2024	Feb. 05	CI
Otter Tail Corporation Announces Retirement of Karen M. Bohn as Board of Directors	Jan. 29	CI
Otter Tail Insider Sold Shares Worth $193,400, According to a Recent SEC Filing	Nov. 20	MT
Sector Update: Energy Stocks Mixed Late Afternoon	23-10-31	MT
Sector Update: Energy Stocks Mixed in Afternoon Trading	23-10-31	MT
Otter Tail Shares Jump on Higher Q3 Earnings, Increased 2023 EPS Outlook	23-10-31	MT
Transcript : Otter Tail Corporation, Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Earnings Flash (OTTR) OTTER TAIL CORPORATION Posts Q3 Revenue $358.1M, vs. Street Est of $335.7M	23-10-30	MT
Otter Tail Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
Otter Tail Corporation Declares Quarterly Dividend, Payable on December 8, 2023	23-10-30	CI
Otter Tail Corporation Increases Earnings Guidance for 2023	23-10-30	CI

Chart Otter Tail Corporation

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Company Profile

Otter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the generation, purchase, transmission, distribution and sale of electric energy in western Minnesota, eastern North Dakota and northeastern South Dakota. The Manufacturing segment consists of businesses engaged in manufacturing activities: contract machining; metal parts stamping; fabrication and painting; and production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components and extruded raw material stock. These businesses have manufacturing facilities in Georgia, Illinois and Minnesota and sell products primarily in the United States. The Plastics segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. The PVC pipe is sold primarily in the western half of the United States and Canada.

Sector

Electric Utilities

Calendar

2024-07-28 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Otter Tail Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

92.16 USD

Average target price

70 USD

Spread / Average Target

-24.05%

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