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Stock impact report

Otter Tail Corporation Announces First Quarter Earnings

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
Electric and Plastics Segments’ Guidance Ranges Remain Largely Unchanged; Revised 2020 Earnings Per Share Guidance Range driven by Coronavirus (COVID-19) Impacts on Manufacturing SegmentBoard of Directors Declares Quarterly Dividend of $0.37 Per Share FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2020.Summary: Consolidated operating revenues decreased 4.6% to $234.7 million compared with $246.0 million for the first quarter of 2019.Consolidated net income and diluted earnings per share were $24.3 million and $0.60 per share, respectively, compared with $26.3 million and $0.66 per share for the first quarter of 2019.Milder weather during the quarter accounted for a $0.09 reduction in diluted earnings per share compared with the first quarter of 2019.The corporation revises its 2020 earnings per share guidance range to $2.00-$2.25 from $2.22-$2.37.The corporation maintains its long-term ea Show less Read more
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