Otter Tail Corporation Announces Record Annual Earnings and Increases Long-Term Financial Targets
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Otter Tail Corporation reported record annual earnings with a diluted EPS of $7.17 and a return on equity of 19.3%. The company increased its long-term EPS growth target to 6-8% and updated its electric utility's five-year rate base CAGR to 9.0%.
February 17, 2025 | 11:15 pm
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Otter Tail Corporation reported record earnings with a diluted EPS of $7.17 and a return on equity of 19.3%. The company increased its long-term EPS growth target to 6-8% and updated its electric utility's five-year rate base CAGR to 9.0%.
The announcement of record earnings and increased long-term growth targets is likely to positively impact OTTR's stock price in the short term. Investors may view the improved financial metrics and growth outlook as a sign of strong company performance.
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