04:55 AM EDT, 05/07/2024 (MT Newswires) -- Otter Tail (OTTR) reported Q1 earnings late Monday of $1.77 per diluted share, up from $1.49 a year earlier.

Three analysts polled by Capital IQ expected $1.45.

Revenue for the quarter ended March 31 was $347.1 million, compared with $339.1 million a year earlier.

Three analysts surveyed by Capital IQ expected $353.7 million.

The company increased its full-year 2024 earnings guidance to $6.23 to $6.53 per diluted share from $5.13 to $5.43 previously. Three analysts polled by Capital IQ expect $5.30.

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