FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Tuesday reported first-quarter earnings of $24.3 million.

On a per-share basis, the Fergus Falls, Minnesota-based company said it had net income of 60 cents.

The power company and manufacturer posted revenue of $234.7 million in the period.

Otter Tail expects full-year earnings to be $2 to $2.25 per share.

Otter Tail shares have fallen 16% since the beginning of the year. The stock has declined 18% in the last 12 months.

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