Otter tail corporation announces first quarter earnings and increases 2024 annual earnings guidance

Fergus falls, minn.--(business wire)--otter tail corporation (nasdaq: ottr) today announced financial results for the quarter ended march 31, 2024. summary diluted earnings per share increased 19% to $1.77 per share compared to the first quarter of 2023. midpoint of 2024 earnings guidance increased 21% to $6.38 per share. return on equity of 22% over the trailing twelve months. ceo overview “we are pleased with our overall first quarter financial results,” said president and ceo chuck macfarlan.
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