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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2021. SUMMARY Compared to the quarter ended June 30, 2020: Consolidated operating revenues increased 48.2% to $285.6 million. Consolidated net income increased 147.7% to $42.1 million primarily driven by strong Plastics segment performance resulting from unique market conditions. Diluted earnings per share increased 140.5% to $1.01 per share. The corporati

Otter Tail Corporation Announces Second Quarter Earnings and Increases 2021 Earnings Per Share Guidance

Entergy

Evergy Inc

NextEra Energy

Sunnova Energy International Inc

PG&E

Vistra Energy

Utility stocks are appealing because they're typically steady and dependable, with most paying dividends. Here are some top-rated ones to watch through year's end.

9 Best Utility Stocks for the Remainder of 2021

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.

Otter Tail (OTTR) Earnings Expected to Grow: Should You Buy?

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing second quarter 2021 earnings results after market close on Monday, August 2, 2021 and will host a live conference call and webcast on Tuesday, August 3, 2021 at 10:00 a.m. CDT 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/presentations an

Otter Tail Corporation Will Host Conference Call on Second Quarter 2021 Financial Results

Avista

CMS Energy

Amid a likely surge in the U.S. electricity usage in 2021-2022 period, CMS Energy (CMS), Avista (AVA) and Otter Tail (OTTR) can be smart bets, given their strong returns and positive estimate movement.

Utilities to Buy Amid Growing Consumption of Electricity

Otter Tail Corporation (OTTR) CEO Chuck MacFarlane on Q1 2021 Results - Earnings Call Transcript

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2021. SUMMARY Consolidated operating revenues increased 11.5% to $261.7 million. Consolidated net income increased 25.0% to $30.3 million primarily driven by strong Plastics segment performance. Diluted earnings per share increased 21.7% to $0.73 per share. The corporation increases its 2021 diluted earnings per share guidance range to $2.47 to $2.62 refl

Otter Tail Corporation Announces First Quarter Earnings and Increases 2021 Earnings Per Share Guidance

On Monday, May 03, Otter Tail (NASDAQ:OTTR) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings Preview for Otter Tail

Enphase Energy

Tesla

The United States continues to shift its focus to clean energy and emission reduction, making it a good time to look at names like Enphase Energy (ENPH), Otter Tail (OTTR) and NextEra Energy (NEE)

5 Stocks to Watch as Focus on Going Green Accelerates

Graham Holdings

Icahn Enterprises

Loews

Markel

These stocks to buy have a history of successful capital allocation and are the equivalent of cost-free managed portfolios. The post 7 Diversified Capital Allocator Stocks To Buy appeared first on InvestorPlace.

7 Diversified Capital Allocator Stocks To Buy

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing first quarter 2021 earnings results after market close on Monday, May 3, 2021 and will host a live conference call and webcast on Tuesday, May 4, 2021 at 10:00 a.m. CDT 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/presentations and selec

Otter Tail Corporation Will Host Conference Call on First Quarter 2021 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (NASDAQ: OTTR) held its second virtual-only annual meeting of common shareholders on April 12, 2021. Due to the continuing public health threat of COVID-19, the company elected again to host this year's annual meeting as a virtual-only meeting. This was the corporation's 111th annual meeting. Represented by proxy or present in person at the meeting was 80.6 percent of the corporation's total shares outstanding. Shareholders reelected

Otter Tail Corporation held its 111th Annual Meeting of Shareholders

Otter Tail Corporation (OTTR) CEO Chuck MacFarlane on Q4 2020 Results - Earnings Call Transcript

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the year ended December 31, 2020.   2020 SUMMARY   (in millions, except per share amounts) 4Q20   4Q19   2020   2019 Operating Revenues $ 226.8     $ 215.7     $ 890.1     $ 919.5   Net Income $ 18.7     $ 20.4     $ 95.9     $ 86.8   Diluted Earnings Per Share $ 0.45     $ 0.51     $ 2.34     $ 2.17   2020 HIGHLIGHTS Consolidated operating revenues decreased to $890.1 million in 20

Otter Tail Corporation Reports a 7.8 Percent Increase in 2020 Diluted Earnings per Share to $2.34, Increases Quarterly Dividend 5.4 Percent and Announces 2021 Earnings Guidance of $2.39 to $2.54 per Share

Beazer Homes USA

International Paper

Lifetime Brands

Portland General Electric

Industrial production in the United States picked up in October following September's contraction, with gains in consumer goods and construction, making it prudent to invest in names like International Paper (IP) and Lifetime Brands (LCUT)

Industrial Production Picks Up in October: 5 Top Gainers

Otter Tail Corporation (OTTR) CEO Chuck MacFarlane on Q3 2020 Results - Earnings Call Transcript

Otter Tail (OTTR) delivered earnings and revenue surprises of 27.94% and 0.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Otter Tail (OTTR) Tops 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, 2020. Summary: Consolidated net income and diluted earnings per share for the third quarter of 2020 were $35.9 million and $0.87 per share, respectively, compared with $24.7 million and $0.62 per share for the same period last year. Consolidated operating revenues for the third quarter of 2020 increased 3.1% to $235.8 million compared with $228.7 mill

Otter Tail Corporation Announces 40% Increase in Third Quarter Earnings Per Share

Atmos Energy

Cigna

Proteostasis Therapeutics

TreeHouse Foods

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach.

Bet on Rising P/E With These 5 Top Stocks

B&G Foods

Hain Celestial Group

MGE Energy

MYR Group

With September's volatility being no match for what's coming with the presidential election, it's prudent to invest in stocks that provide risk-adjusted returns.

Fretting Over Market Pullback as Election Nears? 5 Safe Picks

Brookfield Renewable Partners

Edison

IDACORP

Middlesex Water

NRG Energy

RGC Resources

While perhaps not as thrilling as the tech startups that make next-generation consumer electronics or fancy cloud computing tools, utility stocks still play a very important role in any well-rounded investment portfolio.

11 Top-Rated Utility Stocks to Buy Now

Otter Tail Corporation (OTTR) CEO Charles MacFarlane on Q2 2020 Results - Earnings Call Transcript

Otter Tail (OTTR) delivered earnings and revenue surprises of 23.53% and -8.12%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Otter Tail (OTTR) Q2 Earnings Top Estimates

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2020.

News for Otter Tail Stock (OTTR)