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Stock impact report

Otter Tail Corp (OTTR) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth [Yahoo! Finance]

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: Yahoo! Finance
Electric Segment Earnings: Increased 16% or $4 million. Plastic Segment Earnings: Decreased 8% or approximately $5 million. Manufacturing Segment Earnings: Decreased 71% or approximately $5 million. 2024 Earnings Guidance: Increased to a range of $6.97 to $7.17 from $6.77 to $7.07. Sales Volumes in Plastic Segment: Increased 13% from Q3 2023. Gross Profit Margins in Plastic Segment: Decreased due to lower sales prices. Total Available Liquidity: $544 million as of September 30, 2024. Return on Equity: Exceeded 20% over the last 12 months. Five-Year Capital Spending Plan: Expected rate-based growth of 7.7%. Warning! GuruFocus has detected 5 Warning Signs with BOM:530307. Release Date: November 05, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Otter Tail Corp ( NASDAQ:OTTR ) exceeded expectations with year-to-date earnings ahead of last year by 4%. Electric segment earnings increased by 16% due to inte Show less Read more
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