Otter tail corporation announces record annual earnings, increases quarterly dividend, and announces 2024 earnings guidance

Fergus falls, minn.--(business wire)--otter tail corporation (nasdaq: ottr) today announced financial results for the quarter and year ended december 31, 2023.   2023 summary   (in millions, except per share amounts) q4 2023   q4 2022   2023   2022 operating revenues $ 314.3   $ 301.4   $ 1,349.2   $ 1,460.2 net income $ 57.8   $ 42.0   $ 294.2   $ 284.2 diluted earnings per share $ 1.37   $ 1.00   $ 7.00   $ 6.78 compared to the year ended december 31, 2022: consolidated operating revenues dec.
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