Otter Tail Corporation Announces Third Quarter Earnings, Increases Consolidated 2024 Annual Earnings Guidance
Otter Tail Corporation (OTTR)
Last otter tail corporation earnings: 2/17 05:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
otpco.com/about-us/investor-information
Company Research
Source: Business Wire
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2024.SUMMARYMidpoint 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 the financial impact of a Federal Energy Regulatory Commission ruling on transmission owner returns on equity. Plastics segment earnings decreased 8 percent, or $5 million, as the sales prices of PVC pipe continue to decline. The manufacturing segment is experiencing deman
Show less
Read more
Impact Snapshot
Event Time:
OTTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OTTR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OTTR alerts
High impacting Otter Tail Corporation news events
Weekly update
A roundup of the hottest topics
OTTR
News
- Otter Tail Power Company advances plan to add solar energy plant near Solway [Yahoo! Finance]Yahoo! Finance
- Otter Tail Power Company Advances Plans to Add 345 Megawatts of Solar [Yahoo! Finance]Yahoo! Finance
- Otter Tail Power Company Advances Plans to Add 345 Megawatts of SolarBusiness Wire
- Should Value Investors Buy Otter Tail (OTTR) Stock? [Yahoo! Finance]Yahoo! Finance
- Otter Tail Co. (NASDAQ: OTTR) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
OTTR
Earnings
- 11/4/24 - Beat
OTTR
Sec Filings
- 12/16/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/5/24 - Form 8-K
- OTTR's page on the SEC website