UPDATE: Otter Tail Corp (OTTR) Declares $0.32 Quarterly Dividend; 3.2% Yield (CORRECTION)

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Go back to UPDATE: Otter Tail Corp (OTTR) Declares $0.32 Quarterly Dividend; 3.2% Yield (CORRECTION)

Otter Tail Corporation Announces First Quarter Earnings; Reaffirms 2017 Earnings Guidance Range, Board of Directors Declares Quarterly Dividend

May 1, 2017 6:00 PM EDT

FERGUS FALLS, Minn., May 01, 2017 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the quarter ended March 31, 2017.

Summary:

Consolidated operating revenues were $214.1 million compared with $206.2 million for the first quarter of 2016.Consolidated net income and diluted earnings from continuing operations totaled $19.5 million and $0.49 per share, respectively, compared with $14.5 million and $0.38 per share for the first quarter of 2016.The corporation reaffirms its 2017 earnings guidance range of $1.60 to $1.75 per diluted share.

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