Otter Tail Corporation Announces Third Quarter Results and Affirms the Midpoint of Annual Earnings Guidance
Otter Tail reported Q3 2026 diluted EPS of $1.41, down from $1.86 a year earlier, on total operating revenues of $320.5 million versus $325.6 million in Q3 2025. The decline was driven by the Plastics segment, where net income fell 33.4% on lower PVC pipe prices, pulled-forward customer purchases, and softening housing demand, while Manufacturing revenue rose 16.6% on 13% volume growth and the Electric segment was roughly flat. Management affirmed the midpoint and narrowed 2026 EPS guidance to $3.89-$4.19 (adjusted $5.73-$6.03) and declared a $0.5775 quarterly dividend payable December 10.
Key figures
- Eps
- 1.41
- Revenue
- 320513000
- Guidance
- 2026 diluted EPS narrowed to $3.89-$4.19; adjusted diluted EPS $5.73-$6.03, midpoint affirmed
- Revenue Yoy
- -1.6%
- Capex 9m
- 451600000
- Dividend per share
- 0.5775
- Nine month revenue
- 1001922000
- Available liquidity
- 601800000
- Q3 2025 diluted eps
- 1.86
- Lt eps growth target
- 7-9%
- Operating cash flow 9m
- 307900000
- Electric revenue change
- -2.6%
- Plastics revenue change
- -12.9%
- Legal settlement expense 9m
- 103500000
- Manufacturing revenue change
- +16.6%
AI analysis
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