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AI compiled from Infoway · 5 analyzed stories

Otter Tail Q3 EPS falls on weakness in electric and plastics segments, narrows FY outlook

Otter Tail's third-quarter diluted EPS fell year over year to $1.41, while operating revenue declined 1.6%. Weakness came from the electric and plastics segments. The company narrowed its 2026 diluted EPS outlook to $3.89-$4.19 and maintained the midpoint.

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What happened

Otter Tail reported third-quarter profit of $1.41 per share, lower than a year earlier. Reports point to weakness in its Plastics and Electric businesses, partly offset by stronger Manufacturing sales and stable Electric results in one account. It narrowed its 2026 profit outlook but kept the midpoint unchanged.

Global impact / market context

Lower profit shows that weakness in parts of the business is affecting results. Keeping the outlook midpoint unchanged signals that the company has not changed its central earnings view, while the narrower range gives a more limited outlook.

What to watch

  1. Check whether Plastics weakness continues, because it was a main reason for the lower profit.
  2. Check whether Electric results stay stable, because reports differ on whether this business was weak or steady.
  3. Check for changes to the 2026 outlook midpoint and range, because the company has narrowed the range but kept the midpoint unchanged.

Affected assets

  • Otter Tail Corporation

Evidence