Otter Tail Corporation

Otter Tail Corporation operates electric utility, manufacturing, and plastic pipe businesses in the United States through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, purchases, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota, and participates in Midcontinent Independent System Operator markets. The Manufacturing segment provides metal fabrication services and thermoformed plastic products, while the Plastics segment manufactures polyvinyl chloride pipes for various water and industrial applications. Incorporated in 1907, the company is headquartered in Fergus Falls, Minnesota.

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Otter Tail beats Q2 estimates and initiates 2026 adjusted EPS guidance

Otter Tail Corporation reported second-quarter non-GAAP earnings per share of $1.66, beating analyst estimates by $0.16, while revenue of $334.38 million exceeded expectations by $8.26 million. The company also updated its 2026 diluted earnings per share guidance to a range of $3.84 to $4.24 and initiated 2026 adjusted diluted earnings per share guidance in the range of $5.68 to $6.08, compared with a consensus estimate of $5.84. The adjusted guidance reflects contributions from its Plastics segment, which is expected to deliver between $2.97 and $3.19 per share, while the Electric segment is forecast to contribute $2.61 to $2.69 per share and Manufacturing between $0.32 and $0.38 per share.

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