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06.05.25 - 00:03
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Otter Tail Corporation Announces First Quarter Earnings and Affirms Annual Earnings Guidance (Business Wire)
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FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2025.
SUMMARY
Produced diluted earnings per share of $1.62 in the first quarter of 2025.
Affirming consolidated 2025 earnings guidance range of $5.68 to $6.08.
Paid quarterly dividend of $0.525 per share, a 12% increase from last year.
Available liquidity of $607 million as of March 31, 2025.
CEO OVERVIEW
“Overall, we are pleased with our first quarter financial results,” said President and CEO Chuck MacFarlane. “Each of our businesses are responding to the dynamic market conditions while remaining focused on serving our customers and effectively executing on our near-term strategies. Collectively, we produced earnings of $68.1 million, or $1.62 per diluted share, in line with our expectations and a good start to the year.
“We are actively monitoring the evolving tariff landscape and resulting impact on our business. While there is uncertainty regarding the ...
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15.04.25 - 21:36
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Otter Tail Corporation Will Host Conference Call on First Quarter 2025 Financial Results (Business Wire)
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FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing first quarter 2025 financial results after the stock market closes on Monday, May 5, 2025 and will host a live conference call and webcast on Tuesday, May 6, 2025 at 10:00 a.m. CT to discuss the corporation's financial and operating performance.
Accompanying slides will be posted on the corporation's website before the webcast begins. To access the live webcast, go to www.ottertail.com/events-and-presentations. Please allow time prior to the call to visit the site and download any software required to listen. A copy of the webcast will be available on the corporation's website shortly after the call.
Please click here to pre-register for the conference call and obtain your dial in number and passcode. Contact Tyler Nelson at 701-451-3576 or tnelson@ottertail.com with any questions on how to participate.
About Otter Tail Corporation: Otter Tail Corporation has interests in diversified operati...
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18.02.25 - 00:03
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Otter Tail Corporation Announces Record Annual Earnings and Increases Long-Term Financial Targets (Business Wire)
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FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and year ended December 31, 2024.
SUMMARY
Produced record earnings, with annual diluted earnings per share of $7.17.
Achieved a consolidated return on equity of 19.3% on an equity ratio of 62.2%.
Updated our electric utility's five-year rate base compounded annual growth rate to 9.0% from 7.7%.
Increased our long-term earnings per share growth rate target to 6 to 8%.
CEO OVERVIEW
“Otter Tail Corporation produced record earnings in 2024, generating diluted earnings per share of $7.17,” said President and CEO Chuck MacFarlane. “Executing on our strategy coupled with the hard work and dedication of our team members made this level of success possible and I am grateful for their contributions.
“Otter Tail Power continues to perform well, converting our 2024 rate base growth into earnings growth at approximately a 1:1 ratio. We continue to execute on our regulatory priorities a...
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04.02.25 - 21:33
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Otter Tail Corporation Increases Quarterly Dividend by 12 Percent (Business Wire)
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FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) announced today that its Board of Directors increased the company's quarterly common stock dividend to $0.525 per share. The increase brings the annual indicated dividend rate to $2.10 per share, a $0.23, or 12.3 percent, increase over the 2024 rate.
“Otter Tail Corporation ended 2024 in a position of financial strength, and the double-digit increase to our dividend reflects our commitment to delivering shareholder value,” said President and CEO Chuck MacFarlane. “Going forward, we expect our annual dividend increase to approximate our long-term earnings per share growth rate target.”
2025 will mark the 87th consecutive year dividends will be paid on common stock. The first quarter dividend is payable on March 10, 2025 to shareholders of record on February 14, 2025.
The corporation will issue a news release announcing 2024 financial results on Monday, February 17, 2025 and has scheduled an earnings call for Tuesday, Febru...
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28.01.25 - 21:33
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Otter Tail Corporation Will Host Conference Call on 2024 Financial Results (Business Wire)
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FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing 2024 financial results on Monday, February 17, 2025 and will host a live conference call and webcast on Tuesday, February 18, 2025 at 10:00 a.m. CT to discuss the corporation's financial and operating performance.
Accompanying slides will be posted on the corporation's website before the webcast begins. To access the live webcast, go to www.ottertail.com/events-and-presentations. Please allow time prior to the call to visit the site and download any software required to listen. A copy of the webcast will be available on the corporation's website shortly after the call.
Please click here to pre-register for the conference call and obtain your dial in number and passcode. Contact Beth Eiken at 701-451-3571 or beiken@ottertail.com with any questions on how to participate.
About Otter Tail Corporation: Otter Tail Corporation has interests in diversified operations that include an electric utilit...
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02.12.24 - 21:48
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Should Value Investors Buy Otter Tail (OTTR) Stock? (Zacks)
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks....
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13.11.24 - 23:52
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XFRA : DIVIDEND/INTEREST INFORMATION - 15.11.2024 - US6896481032 (XETRA)
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Das Instrument OT4 US6896481032 OTTER TAIL DL 5 EQUITY wird cum Dividende/Zinsen gehandelt am 14.11.2024 und ex Dividende/Zinsen am 15.11.2024
The instrument OT4 US6896481032 OTTER TAIL DL 5 EQUITY has its pre-dividend/interest day on 14.11.2024 and its ex-dividend/interest day on 15.11.2024...
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05.11.24 - 02:18
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Otter Tail (OTTR) Q3 Earnings Top Estimates (Zacks)
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Otter Tail (OTTR) delivered earnings and revenue surprises of 3.05% and 6.67%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?...
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