- Otter Tail press release (NASDAQ:OTTR): Q1 GAAP EPS of $1.77 beats by $0.32.
- Revenue of $347.07M (+2.4% Y/Y) misses by $6.6M.
- Cash provided by operating activities for the three months ended March 31, 2024 was $71.9 million, compared to $55.6 million for the three months ended March 31, 2023.
- “We are increasing our 2024 diluted earnings per share guidance to a range of $6.23 to $6.53 vs. consensus of $5.30 from our initial range of $5.13 to $5.43 due primarily to stronger than expected Plastics segment performance,” said the company.
- Return on equity of 22% over the trailing twelve months.
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