OTTR - Earnings announcements

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended March 31, 2026. SUMMARY Produced diluted earnings per share of $1.73 in the first quarter of 2026. Return on equity of 15% over the trailing twelve months. Affirmed 2026 diluted earnings per share guidance range of $5.22 to $5.62. CEO OVERVIEW "We are pleased with our first quarter financial results and are well positioned to achieve our financial objectives for the year," said CEO Chuck MacFarlane. "Across our businesses, our team members executed on our near-term priorities for the benefit of our customers and shareholders. "Otter Tail Power delivered on our regulatory priorities

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing first quarter 2026 financial results after the stock market closes on Monday, May 4, 2026, and will host a live conference call and webcast on Tuesday, May 5, 2026, 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 clic

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter and year ended December 31, 2025. SUMMARY Produced annual diluted earnings per share of $6.55. Achieved a consolidated return on equity of 16% on an equity ratio of 63%. Initiated 2026 diluted earnings per share guidance range of $5.22 to $5.62, a return on equity projection of 12% at the midpoint. CEO OVERVIEW "We are pleased with our 2025 financial results as they exceeded our expectations for the year," said President and CEO Chuck MacFarlane. "Our results are fueled by our team members' efforts, and I am proud of the ways they delivered for our customers and shareholders amidst dynamic

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing 2025 financial results after the stock market closes on Monday, February 16, 2026 and will host a live conference call and webcast on Tuesday, February 17, 2026 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 he

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended September 30, 2025. SUMMARY Produced diluted earnings per share of $1.86 in the third quarter of 2025. Increased the midpoint of the 2025 earnings guidance by $0.21 to $6.47. Updated our electric utility's five-year rate base compounded annual growth rate to 10% from 9%. Increased our long-term earnings per share growth rate target to 7% to 9%. CEO OVERVIEW "We are pleased with our third quarter financial results," said President and CEO Chuck MacFarlane. "Our team members continue to execute well on our growth plan despite dynamic market conditions. Due to strong Plastics segment

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing third quarter 2025 financial results after the stock market closes on Monday, November 3, 2025 and will host a live conference call and webcast on Tuesday, November 4, 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. Ple

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended June 30, 2025. SUMMARY Produced diluted earnings per share of $1.85 in the second quarter of 2025. Increased midpoint of 2025 earnings per share guidance by $0.38 to $6.26 per share. Return on equity of 17% over the trailing twelve months.  CEO OVERVIEW "We are pleased with our second quarter financial results," said President and CEO Chuck MacFarlane. "Across our businesses, our team members remain committed to our mission - delivering value through building strong electric and manufacturing platforms - amidst dynamic market conditions. "During the second quarter, severe weather m

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing second quarter 2025 financial results after the stock market closes on Monday, August 4, 2025 and will host a live conference call and webcast on Tuesday, August 5, 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

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 stra

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 he

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

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 con

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 OVERVIEW "Our team members continue to perform well as they navigate changing market conditions," said President and CEO Chuck MacFarlane. "While third quarter earnings were lower than the same time last year, electric segment earnings increased 16 percent, or $4 million, primarily due to the impact of interim rates in North Dakota and

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 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. Pleas

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 Utilities Commission on Integrated Resource Plan. CEO OVERVIEW "We are pleased with our second quarter financial results," said President and CEO Chuck MacFarlane, "as our team members continue to perform well amid changing market conditions. Plastics segment earnings increased 9 percent compared to the second quarter of 2

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing second quarter 2024 financial results after the stock market closes on Monday, August 5, 2024 and will host a live conference call and webcast on Tuesday, August 6, 2024 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

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended March 31, 2024. SUMMARY Diluted earnings per share increased 19% to $1.77 per share compared to the first quarter of 2023. Midpoint of 2024 earnings guidance increased 21% to $6.38 per share. Return on equity of 22% over the trailing twelve months. CEO OVERVIEW "We are pleased with our overall first quarter financial results," said President and CEO Chuck MacFarlane, "as our team members navigate changing market conditions and we continue to benefit from our diversified business model. Plastics segment earnings increased 39 percent as compared to the first quarter of 2023 due to high

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing first quarter 2024 financial results after the stock market closes on Monday, May 6, 2024 and will host a live conference call and webcast on Tuesday, May 7, 2024 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

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter and year ended December 31, 2023.   2023 SUMMARY   (in millions, except per share amounts) Q4 2023   Q4 2022   2023   2022 Operating Revenues $ 314.3   $ 301.4   $ 1,349.2   $ 1,460.2 Net Income $ 57.8   $ 42.0   $ 294.2   $ 284.2 Diluted Earnings Per Share $ 1.37   $ 1.00   $ 7.00   $ 6.78 Compared to the year ended

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing 2023 financial results after the stock market closes on Monday, February 12, 2024 and will host a live conference call and webcast on Tuesday, February 13, 2024 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 he

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 model, delivered record setting quarterly earnings," said President and CEO Chuck MacFarlane. Electric segment earnings were flat with the third quarter of 2022. Our Manufacturing segment produced earnings growth of 20 per

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.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. Ple

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 employees continuing to adapt to changing market conditions. Our Electric segment produced earnings growth of 4 percent compared to the second quarter of 2022, primarily driven by the recovery of rate base investments. M

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.ottertail.com/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

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 our employees continue to perform well in a dynamic environment. Our Electric and Manufacturing segments each delivered double digit earnings growth compared to the same period last year. Electric segment earnings increased

Otter Tail Corporation (NASDAQ:OTTR) will issue a news release announcing first quarter 2023 financial results after the stock market closes on Monday, May 1, 2023 and will host a live conference call and webcast on Tuesday, May 2, 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.ottertail.com/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

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter and year ended December 31, 2022. 2022 SUMMARY (in millions, except per share amounts) Q4 2022   Q4 2021     2022     2021 Operating Revenues $ 301.4   $ 333.2   $ 1,460.2   $ 1,196.8 Net Income $ 42.0   $ 51.6   $ 284.2   $ 176.8 Diluted Earnings Per Share $ 1.00   $ 1.23   $ 6.78   $ 4.23 Compared to the year ended December 31, 2021: Consolidated operating revenues increased 22% to $1.5 billion. Consolidated net income increased 61% to $284.2 million.

Otter Tail Corporation will issue a news release announcing 2022 earnings results on Monday, February 13, 2023 and will host a live conference call and webcast on Tuesday, February 14, 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.ottertail.com/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

Board of Directors Declares Quarterly Dividend of $0.4125 per Share Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended September 30, 2022. SUMMARY Compared to the quarter ended September 30, 2021: Consolidated operating revenues increased 21% to $384 million. Consolidated net income increased 60% to $84 million. Diluted earnings per share increased 60% to $2.01 per share. CEO OVERVIEW "Our diversified business model produced exceptional financial results for the quarter ended September 30, 2022," said President and CEO Chuck MacFarlane. "Each operating segment contributed double digit earnings growth compared to the same period last year

Otter Tail Corporation will issue a news release announcing third quarter 2022 earnings results on Monday, October 31, 2022 and will host a live conference call and webcast on Tuesday, November 1, 2022 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/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

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended June 30, 2022. SUMMARY Compared to the quarter ended June 30, 2021: Consolidated operating revenues increased 40% to $400 million. Consolidated net income increased 104% to $86 million. Diluted earnings per share increased 103% to $2.05 per share. The corporation is increasing its 2022 diluted earnings per share guidance range to $6.83 to $7.13 from its previous range of $5.15 to $5.45. CEO OVERVIEW "Otter Tail Corporation, through the efforts of our employees, achieved record financial results for the quarter ended June 30, 2022," said President and CEO Chuck MacFarlane. "Our Plastics s

Otter Tail Corporation will issue a news release announcing second quarter 2022 earnings results on Monday, August 1, 2022 and will host a live conference call and webcast on Tuesday, August 2, 2022 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/presentations and select "Webcast." 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 c

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended March 31, 2022. SUMMARY Compared to the quarter ended March 31, 2021: Consolidated operating revenues increased 43% to $375 million. Consolidated net income increased 137% to $72 million. Diluted earnings per share increased 136% to $1.72 per share. The corporation increased its 2022 diluted earnings per share guidance range to $5.15 to $5.45 reflecting a range of 22% to 29% growth from 2021 reported annual diluted earnings per share of $4.23. CEO OVERVIEW "Otter Tail Corporation, through the efforts of our employees, achieved record financial results for the quarter ended March 31, 2022

Otter Tail Corporation will issue a news release announcing first quarter 2022 earnings results on Monday, May 2, 2022 and will host a live conference call and webcast on Tuesday, May 3, 2022 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/presentations and select "Webcast." 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. Dial 877-312-8789 to be able to ask a question dur

Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter and the year ended December 31, 2021. 2021 SUMMARY (in millions, except per share amounts) 4Q 2021   4Q 2020   2021   2020 Operating Revenues $ 333.2   $ 226.8   $ 1,196.8   $ 890.1 Net Income $ 51.6   $ 18.7   $ 176.8   $ 95.9 Diluted Earnings Per Share $ 1.23   $ 0.45   $ 4.23   $ 2.34 2021 HIGHLIGHTS Compared to the year ended December 31, 2020: Consolidated operating revenues increased 34.5% to $1.2 billion. Consolidated net income increased 84.4% to $176.8 million. Diluted earnings per

Otter Tail Corporation will issue a news release announcing 2021 earnings results on Monday, February 14, 2022 and will host a live conference call and webcast on Tuesday, February 15, 2022 at 9:00 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/presentations and select "Webcast." 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. Dial 877-312-8789 to be able to ask a question during

Board of Directors Declares Quarterly Dividend of $0.39 Per Share Otter Tail Corporation (NASDAQ:OTTR) today announced financial results for the quarter ended September 30, 2021. SUMMARY Compared to the quarter ended September 30, 2020: Consolidated operating revenues increased 34.2% to $316.3 million. Consolidated net income increased 46.8% to $52.8 million primarily driven by strong Plastics segment performance resulting from unique market conditions. Diluted earnings per share increased 44.8% to $1.26 per share. The corporation increases its 2021 diluted earnings per share guidance range to $4.05 to $4.20 reflecting a range of 73% to 79% growth from 2020 reported diluted ear

Otter Tail Corporation will issue a news release announcing third quarter 2021 earnings results after market close on Monday, November 1, 2021 and will host a live conference call and webcast on Tuesday, November 2, 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 select "Webcast." 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. Dial 877-312-8789 to

Board of Directors Declares Quarterly Dividend of $0.39 Per Share 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 corporation increases its 2021 diluted earnings per share guidance range to $3.50 to $3.65 reflecting a range of 50% to 56% growth off of 2020 reported $2.34 diluted earni