Otter Tail Corporation Stock News

FERGUS FALLS, Minn.--(BUSINESS WIRE)--On December 30th, the North Dakota Public Service Commission (PSC) approved a $13.1 million net increase to Otter Tail Power Company's, a wholly-owned subsidiary of Otter Tail Corporation (Nasdaq: OTTR), electric service rates. While overall costs of living have increased since the company's last North Dakota rate review, filed in 2017, this average net inc...

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Power Company, a wholly-owned subsidiary of Otter Tail Corporation (Nasdaq: OTTR), plans to add two solar facilities to its energy generation fleet to meet customers' future energy needs. On December 9, 2024 the company requested Minnesota Public Utilities Commission determination that the costs associated with Solway Solar and Abercrombie Solar ...

Otter Tail Corporation (NASDAQ:OTTR ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief Executive Officer Todd Wahlund – Vice President and Chief Financial Officer Conference Call Participants Ida Wozniak - Siebert Williams Shank & Co Tate Sullivan - Maxim Group Operator Good morning,...

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2024. SUMMARY Midpoint of 2024 earnings guidance increased $0.15 to $7.07 per share. Diluted earnings per share decreased 7% to $2.03 per share compared to the third quarter of 2023. Return on equity of 20% over the trailing twelve months. CEO OVERVIE...

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing third quarter 2024 financial results after the stock market closes on Monday, November 4, 2024 and will host a live conference call and webcast on Tuesday, November 5, 2024 at 10:00 a.m. CT to discuss the corporation's financial and operating performance. Accompanying slides will be ...

Otter Tail Corporation (NASDAQ:OTTR ) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief Executive Officer Todd Wahlund – Vice President and Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to the Otter Tail Corporation's Second Quarter 2024 Earning...

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2024. SUMMARY Diluted earnings per share increased 6% to $2.07 per share compared to the second quarter of 2023. Midpoint of 2024 earnings guidance increased 8% to $6.92 per share, or a return on equity of 18.7%. Received approval from the Minnesota Public...

Otter Tail Corporation is a unique electric utility operating in rural areas of Minnesota, North Dakota, and South Dakota. The company's non-utility manufacturing operations are currently providing it with abnormally high profitability. This will probably fall off at some point. Otter Tail Corporation's financials show a strong balance sheet with low debt, reasonable valuation, and stable inter...