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Otter Tail: Q1 Earnings Snapshot

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.

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