Otter Tail Corporation Announces Second Quarter Results and Updates Annual Earnings Guidance
Otter Tail reported a Q2 diluted loss of $0.18 per share, primarily due to a $103.5 million charge to settle PVC pipe antitrust litigation with three putative classes. Excluding the settlement, adjusted diluted EPS was $1.66, prompting management to initiate 2026 adjusted EPS guidance of $5.68 to $6.08, which reflects an increase from original expectations despite the GAAP guidance cut to $3.84-$4.24.
Key figures
- Revenue
- 334383000
- Guidance
- 2026 diluted EPS $3.84-$4.24, adjusted diluted EPS $5.68-$6.08
- Capex 6m
- 324800000
- Dividend
- 0.5775
- Liquidity
- 601400000
- Adjusted eps
- 1.66
- Settlement amount
- 103500000
- Operating cash flow 6m
- 182700000
AI analysis
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