Otter Tail stock carries a Q2 earnings beat and lower guidance

Published on 10/05/2026 at 19:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Otter Tail stock was trading at USD 88.81 on October 5, 2026, with a 52-week range of USD 74.15 to USD 95.09. Q2 revenue reached USD 334.4 million, while 2026 diluted EPS guidance fell to USD 3.84-4.24.

OTTR, US6896481032, Illustration mit AI erstellt.

Otter Tail (ISIN US6896481032) was trading at USD 88.81 on Nasdaq on October 5, 2026, down 0.07 percent, with a market capitalization of USD 3.7 billion. The investment case combines a Q2 earnings beat with a lower full-year earnings range after settlement-related costs.

Q2 revenue held at USD 334.4 million

For Q2 2026, revenue stood at USD 334.4 million, essentially flat against the comparable quarter, while the company reported a USD 0.18 loss per share versus USD 1.86 of profit in Q2 2025, according to Simply Wall St.

The adjusted earnings picture was stronger than the GAAP result. Otter Tail delivered adjusted EPS of USD 1.66 against consensus of USD 1.51 for Q2 2026, a USD 0.15 beat, while quarterly revenue exceeded the USD 326.13 million estimate, as MarketBeat reported on October 1, 2026.

Guidance now reflects settlement costs

Otter Tail's 2026 diluted EPS guidance was reduced to USD 3.84-4.24 from USD 5.22-5.62, with settlement agreements and related expense cited as the main reason, according to Simply Wall St. The reset matters because it places the statutory outlook well below the earlier range even as the quarterly adjusted result exceeded expectations.

Analysts set a lower reference point

MarketBeat's consensus is Reduce, based on five analysts comprising four Hold ratings and one Sell rating. The average, highest and lowest price target are all USD 86.00, below the USD 88.81 Nasdaq price on October 5, 2026, according to MarketBeat.

The company operates through electric utility, manufacturing and plastics activities. Its utility business serves customers in Minnesota, North Dakota and South Dakota, while its manufacturing platform produces metal and plastic products, according to Otter Tail's corporate profile.

Otter Tail stock stays below its yearly high

Otter Tail stock was trading at USD 88.81 on Nasdaq at 1:21 p.m. ET on October 5, 2026, down 0.07 percent from the prior close of USD 88.87. The session range was USD 88.00 to USD 89.22, against a 52-week range of USD 74.15 to USD 95.09.