Otter Tail: Q1 Earnings Snapshot
By AP News
Published - May 01, 2023, 06:09 PM ET
Last Updated - Jun 22, 2023, 12:18 AM EDT
FERGUS FALLS, Minn. (AP) — FERGUS FALLS, Minn. (AP) — Otter Tail Corp. (OTTR) on Monday reported net income of $62.5 million in its first quarter.
On a per-share basis, the Fergus Falls, Minnesota-based company said it had profit of $1.49.
The power company and manufacturer posted revenue of $339.1 million in the period.
Otter Tail expects full-year earnings to be $4.55 to $4.85 per share.