Otter Tail Corporation (OTTR) witnessed a surge of 5.46% in its stock price intraday on Tuesday, following the release of its fourth-quarter earnings report and full-year 2025 guidance.
The company reported impressive financial results for the fourth quarter of 2024 and the full year. Otter Tail's Q4 earnings reached $54.9 million, or $1.30 per share, while the full-year net income stood at $301.7 million, or $7.17 per share.
Furthermore, Otter Tail provided a positive outlook for the upcoming fiscal year, projecting earnings per share to range between $5.68 and $6.08 for the full year 2025. The company's strong performance and optimistic guidance appear to be driving investor confidence, leading to the significant stock price increase.
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