AI brief of an SEC Form 8-K · Otter Tail (OTTR)

Otter Tail Q3 diluted EPS falls to $1.41 from $1.86; 2026 EPS midpoint held

Negative Impact 3 of 5 earnings

Otter Tail reported third-quarter 2026 diluted earnings per share of $1.41, down from $1.86 a year earlier, and net income of $59.5 million, down from $78.3 million. Total operating revenues were $320.5 million, down from $325.6 million, with the Plastics segment's lower prices and volumes the main drag. The company kept the midpoint of its 2026 GAAP diluted EPS guidance and narrowed the range to $3.89 to $4.19.

Key points

  • Q3 2026 diluted EPS was $1.41 versus $1.86 in Q3 2025; net income was $59.5 million versus $78.3 million.
  • Plastics segment net income fell 33.4% to $29.0 million, driven by lower sales prices and volumes; Manufacturing sales volumes rose 13%.
  • 2026 GAAP diluted EPS guidance is $3.89 to $4.19, narrowed from $3.84 to $4.24; the adjusted range is $5.73 to $6.03.
  • The Board declared a quarterly dividend of $0.5775 per share, payable December 10, 2026 to holders of record on November 13, 2026.

The filing

CompanyOtter Tail (OTTR)
Form8-K, current report
Filed with the SECNov 3, 2026, 9:17 AM ET
Accession number0001466593-26-000078

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.