Otter Tail Corp. (OTTR)
NASDAQ:OTTR
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.52Last Year’s EPS
1.85Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive operational and financial picture driven by strong Electric segment performance, completed strategic projects (wind repowering and Vinyltech expansion), solid liquidity and reaffirmed 2026 guidance. Offsetting items include meaningful near-term pressure in the Plastics segment (notably a 19% drop in PVC pricing and a 24% decline in Plastics EPS), a lost 430 MW potential large load, transmission siting/regulatory risks and higher near-term O&M and depreciation from rate base growth. Management reiterated long-term rate base growth targets (10% CAGR) and financing plans to avoid equity issuance through at least 2030, suggesting confidence in funding and strategy. Overall, the positives (utility growth, balance sheet strength, completed capital projects, reaffirmed guidance) outweigh the challenges, though Plastics remains a material drag in the near term.Company Guidance
Quarterly EPS Improvement
Diluted EPS of $1.73 in Q1 2026 vs $1.62 in Q1 2025, a 7% increase driven by strong Electric and Manufacturing performance.
Electric Segment Outperformance
Electric segment earnings increased approximately $0.25 per share (about 43% contribution increase) driven by higher electric rates, recovery of rate base investments, interim rates in Minnesota and South Dakota, and new base rates in North Dakota; higher commercial sales volumes also contributed.
Strong Balance Sheet and Liquidity
Available liquidity > $650 million (including nearly $350 million cash and equivalents) and plan to fund 5-year growth without external equity through at least 2030; completed $170 million private placement ($100M funded in March, $70M scheduled in June).
Reaffirmed Guidance and Long-Term Targets
2026 diluted EPS guidance reaffirmed at $5.22–$5.62 (target ROE ~12%); long-term EPS growth target of 7%–9% and total targeted shareholder return of 10%–12%.
Rate Base Growth Plan
Affirmed 5-year Electric rate base compounded annual growth rate (CAGR) of 10% and expectation to convert rate base growth into EPS growth near a 1:1 ratio; $1.9 billion planned Electric investment over 5 years with up to $750 million incremental opportunity.
Completed Wind Repowering Project
Completed $230 million wind repowering at four owned wind centers, expected to increase output ~20% and be economical for customers due to renewed renewable energy tax credits.
Manufacturing Momentum and Capacity Expansion
Phase 2 of Vinyltech expansion completed on budget, adding ~15% production capacity for Plastics; Manufacturing segment EPS increased ~$0.06 per share due to higher margins, favorable product mix, higher volumes and improved production efficiency; construction and RV end markets showed increased sales volumes.
Plastics Volume Gain and Lower Input Costs
Plastics sales volumes increased ~7% year-over-year and material input costs (including PVC resin) decreased ~12% YoY in Q1, with opportunistic specialty pipe sales boosting results late in the quarter.
OTTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OTTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $90.59 | ― | ― |
Feb 16, 2026 | $88.16 | $86.68 | -1.68% |
Nov 03, 2025 | $76.96 | $80.95 | +5.18% |
Aug 04, 2025 | $74.77 | $79.39 | +6.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Otter Tail Corp. (OTTR) report earnings?
Otter Tail Corp. (OTTR) is schdueled to report earning on Aug 03, 2026, After Close (Confirmed).
What is Otter Tail Corp. (OTTR) earnings time?
Otter Tail Corp. (OTTR) earnings time is at Aug 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTTR EPS forecast?
OTTR EPS forecast for the fiscal quarter 2026 (Q2) is 1.52.