Otter Tail Corporation — Third Quarter 2026 Earnings Summary

Otter Tail Corporation reported third-quarter 2026 diluted earnings per share of $1.41, affirming its annual earnings guidance midpoint while narrowing the range to $3.89–$4.19. The company's Electric segment posted net income of $27.4 million, while the Manufacturing segment saw revenue growth of 16.6% despite a decline in net income due to higher costs. Conversely, the Plastics segment experienced a 12.9% drop in operating revenues and a 33.4% decrease in net income driven by lower sales volumes and prices. Consolidated cash provided by operating activities for the first nine months totaled $307.9 million, and the Board declared a quarterly dividend of $0.5775 per share.