Otter Tail

Otter Tail Corp. is a holding company engaged in the energy, infrastructure, and production businesses. It operates through the following segments: Electric, Manufacturing, and Plastics. The Electric segment is involved in 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 in the manufacturing arena, including contract machining, metal parts stamping, fabrication, and painting, and the production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components, and extruded raw material stock. The Plastics segment offers businesses that produce polyvinyl chloride pipes at plants in North Dakota and Arizona. The company was founded in 1907 and is headquartered in Fergus Falls, MN.

Earnings data Q1 2021

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Earnings data Q4 2024

Otter Tail Corporation achieves record earnings in 2022, eyes sustainability

Otter Tail Corporation delivered exceptional financial performance in 2022, driven by strong earnings growth across all segments. Despite facing challenges in certain markets, the company remains focused on long-term sustainability and strategic investments for future growth.

Otter Tail reports strong Q1 earnings, boosts 2023 guidance

Otter Tail Corporation delivered a strong performance in Q1 2023, driven by growth in Electric and Manufacturing segments, leading to an upward revision of 2023 earnings guidance.
The company's commitment to renewable energy initiatives and strategic capital investments positions it well for future growth opportunities and sustainability goals.
While challenges such as interest rate risks and inflationary pressures persist, Otter Tail's proactive approach and focus on managing costs and segment mix offer resilience and growth potential.
Overall, Otter Tail Corporation's strategic focus on key segments and sustainability efforts, coupled with prudent financial management, sets a positive trajectory for future performance and value creation.

Otter Tail (OTTR) reports Q2 earnings decline, raises 2023 guidance

Otter Tail's Q2 2023 performance was impacted by lower Plastics segment earnings, but revised guidance reflects optimism from stronger Plastics segment performance. The company is focused on reducing carbon emissions and increasing renewable energy. Addressing challenges in Plastics segment margins and labor inefficiencies while pursuing growth opportunities through capital investments.

Otter Tail reports record earnings, eyes growth in clean energy

Otter Tail's Q3 2023 earnings call highlighted exceptional financial performance, strategic investments in clean energy initiatives, and a positive outlook for key segments. Despite challenges like executive transitions and regulatory filings, the company remains focused on long-term growth and shareholder value.

Otter Tail reports record earnings, commits to clean energy future

Otter Tail Corporation delivered strong financial performance in Q4 2023, exceeding earnings expectations.
While facing challenges in the Plastics segment, the company is well-positioned for future growth.
Strategic investments in clean energy and infrastructure provide avenues for long-term sustainability.
Maintaining financial strength and commitment to growth, Otter Tail aims for continued shareholder value.

Otter Tail reports robust Q1 earnings, focuses on sustainable growth

Otter Tail Corporation delivered a strong performance in Q1 2024, driven by the exceptional growth of the Plastics segment, leading to a significant increase in diluted earnings per share.
While facing challenges in the Electric and Manufacturing segments, the company remains focused on strategic investments in renewable resources, transmission, and technology to drive future growth and enhance operational efficiency.
With a positive earnings outlook, regulatory initiatives, and a clear focus on innovation and sustainability, Otter Tail is well-positioned to navigate challenges and capitalize on opportunities in the evolving energy landscape.

Otter Tail reports strong Q2 earnings, raises 2024 guidance

Otter Tail Corporation delivered strong Q2 2024 results with a 6% increase in diluted earnings per share and raised its earnings guidance for 2024. Strategic investments in renewable energy projects and a robust balance sheet position the company well for future growth. While challenges exist in the Manufacturing segment, Otter Tail is optimistic about future demand and remains committed to enhancing customer experience.

Otter Tail reports Q3 earnings dip, eyes growth in plastics

Otter Tail's Q3 2024 showed mixed segment performance with notable strengths and challenges.
The company's focus on growth projects and strong liquidity position it well for the future.
Management remains optimistic about meeting increased earnings guidance and investment targets.
Strategic moves in plastics production and market exploration highlight growth opportunities.

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Otter Tail Corp. is a holding company, which engages in the energy, infrastructure, and production businesses. It operates through the following segments: Electric, Manufacturing, and Plastics. The Electric segment is involved in 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 in the manufacturing arena, including contract machining, metal parts stamping, fabrication, and painting, and the production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components, and extruded raw material stock. The Plastics segment offers businesses that produce polyvinyl chloride pipes at plants in North Dakota and Arizona. The company was founded in 1907 and is headquartered in Fergus Falls, MN.

Otter Tail (OTTR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Otter Tail (OTTR): Strong Industry, Solid Earnings Estimate Revisions

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Otter Tail (OTTR), with its steadily increasing earnings estimates and investments, presents a strong case for investment in the utility sector.

Reasons to Add Otter Tail (OTTR) to Your Portfolio Right Now

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Tap top-ranked Otter Tail (OTTR), Rollins (ROL), DaVita (DVA) and NetEase (NTES) -- that come from top-ranked sectors too -- should realize the ongoing Fed-induced Santa Claus rally in 2023.

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Otter Tail (OTTR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Otter Tail (OTTR) Upgraded to Strong Buy: Here's Why

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Otter Tail Corporation (NASDAQ:OTTR ) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Beth Osman - Manager, IR Charles MacFarlane - President & CEO Kevin Moug - SVP & CFO Todd Wahlund - VP of Financial Planning & Treasury Conference Call Participants Chris Ellinghaus - Siebert Williams Shank & Company Brian Russo - Sidoti Operator Good morning, and welcome to Otter Tail Corporation's Third Quarter 2023 Earnings Conference Call. Today's call is being recorded.

Otter Tail Corporation (OTTR) Q3 2023 Earnings Call Transcript

Revenue was down in the quarter, but net income was up an impressive 9%. Management boosted its earnings guidance for the year to a range of $6.76 per share to $6.96 per share.

Why Otter Tail Stock Popped 14.8% Today

Otter Tail (OTTR) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $2.01 per share a year ago.

Otter Tail (OTTR) Beats Q3 Earnings and Revenue Estimates

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2023. SUMMARY Compared to the quarter ended September 30, 2022: Consolidated operating revenues decreased 7% to $358 million. Consolidated net income increased 9% to $92 million. Diluted earnings per share increased 9% to $2.19 per share. CEO OVERVIEW “Otter Tail Corporation, through the combined efforts of our employees and our diversified business m.

Otter Tail Corporation Announces Record Quarterly Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per Share

Otter Tail (OTTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Otter Tail (OTTR) to Report a Decline in Earnings: What to Look Out for

Otter Tail Corporation is a regulated electric utility that also owns manufacturing companies producing industrial plastic components. The company's manufacturing subsidiaries have struggled with growth due to recent economic weakness. Despite the challenges, Otter Tail Corporation has a stable financial position and is investing in its electric utility business to offset the weakness in manufacturing.

Otter Tail: Manufacturing Arm Facing Headwinds, But Stock Still Looks Decent

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing third quarter 2023 financial results after the stock market closes on Monday, October 30, 2023 and will host a live conference call and webcast on Tuesday, October 31, 2023 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.o.

Otter Tail Corporation Will Host Conference Call on Third Quarter 2023 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced Kevin Moug will retire from Otter Tail Corporation on December 31 after 27 years of distinguished service to the company. Todd Wahlund will assume the role of Vice President and Chief Financial Officer to succeed Moug effective January 1, 2024. Otter Tail Chief Executive Officer Charles MacFarlane said, “Kevin leaves the company in excellent financial position with outstanding financial performance, a st.

Otter Tail Corporation CFO and SVP Moug to Retire: Wahlund Named Successor

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4 Reasons to Add Otter Tail (OTTR) to Your Portfolio Now

Otter Tail Corporation (NASDAQ:OTTR ) Q2 2023 Earnings Conference Call August 1, 2023 11:00 AM ET Company Participants Beth Osman - Manager of Investor Relations Chuck MacFarlane - President and Chief Executive Officer Kevin Moug - Senior Vice President and Chief Financial Officer Conference Call Participants Chris Ellinghaus - Siebert Williams Shank & Company, L.L.C. Sophie Karp - KeyBanc Brian Russo - Sidoti Operator Good morning, and welcome to Otter Tail Corporation's Second Quarter 2023 Earnings Conference Call.

Otter Tail Corporation (OTTR) Q2 2023 Earnings Call Transcript

Otter Tail (OTTR) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $2.05 per share a year ago.

Otter Tail (OTTR) Surpasses Q2 Earnings Estimates

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2023. SUMMARY Compared to the quarter ended June 30, 2022: Consolidated operating revenues decreased 16% to $338 million. Consolidated net income decreased 5% to $82 million. Diluted earnings per share decreased 5% to $1.95 per share. CEO OVERVIEW “We are pleased with our second quarter financial results,” said President and CEO Chuck MacFarlane, “with our.

Otter Tail Corporation Announces Second Quarter Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per Share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing second quarter 2023 financial results after the stock market closes on Monday, July 31, 2023 and will host a live conference call and webcast on Tuesday, August 1, 2023 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.otter.

Otter Tail Corporation Will Host Conference Call on Second Quarter 2023 Financial Results

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Increased analyst coverage over the last few weeks might lead to solid price appreciation for stocks like MicroStrategy (MSTR), MBIA (MBI), Gen Digital (GEN), Luna (LUNA) and Otter (OTTR).

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Otter Tail Corporation is unique in that it owns a manufacturing business that accounts for a significant amount of its income. The company's electric utility provides a baseline level of cash flow regardless of economic conditions.

Otter Tail: Positioned For Any Economy And Has An Attractive Valuation

Otter Tail Corporation (NASDAQ:OTTR ) Q1 2023 Earnings Conference Call May 2, 2023 11:00 AM ET Company Participants Tyler Nelson - Vice President-Accounting Chuck MacFarlane - President & Chief Executive Officer Kevin Moug - Senior Vice President & Chief Financial Officer Conference Call Participants Tate Sullivan - Maxim Group Operator Good morning, and welcome to Otter Tail Corporation's First Quarter 2023 Earnings Conference Call. Today's call is being recorded.

Otter Tail Corporation (OTTR) Q1 2023 Earnings Call Transcript

Otter Tail (OTTR) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.72 per share a year ago.

Otter Tail (OTTR) Beats Q1 Earnings and Revenue Estimates

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2023. SUMMARY Compared to the quarter ended March 31, 2022: Consolidated operating revenues decreased 10% to $339 million. Consolidated net income decreased 13% to $62 million. Diluted earnings per share decreased 13% to $1.49 per share. CEO OVERVIEW “We are pleased with our first quarter financial results,” said President and CEO Chuck MacFarlane, “as ou.

Otter Tail Corporation Announces First Quarter Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per Share

News for Otter Tail Stock (OTTR)