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.

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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 Corp (OTTR) CEO Charles MacFarlane on Q1 2020 Results - Earnings Call Transcript

Otter Tail Corporation (OTTR) CEO Charles MacFarlane on Q4 2019 Results - Earnings Call Transcript

Otter Tail Corporation (OTTR) CEO Charles MacFarlane on Q3 2019 Results - Earnings Call Transcript

Otter Tail Corporation (OTTR) CEO Chuck MacFarlane on Q1 2019 Results - Earnings Call Transcript

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