---
schema_version: "secwatch.filing_event.v1"
accession: "0001466593-22-000048"
form_type: "8-K"
ticker: "OTTR"
cik: "0001466593"
company_name: "Otter Tail Corp"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:51:24.794693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Otter Tail Q2 EPS $2.05, up 103% YoY; Raises FY2022 EPS guidance to $6.83-$7.13

## Summary
- Q2 revenues $400M (+40% YoY); net income $86M (+104%); diluted EPS $2.05 (+103%).
- Plastics segment net income $64M (+184%) on 86% higher PVC prices; manufacturing net income $7.6M (+32%).
- Electric segment net income $18.9M (+22%) from new commercial load and rate case finalization.
- FY2022 EPS guidance raised to $6.83-$7.13 from $5.15-$5.45; quarterly dividend $0.4125/sh declared.
- Exercised option to purchase Ashtabula III wind farm for $49.7M; close expected Jan 2023.

## SEC filing metadata
- accession: 0001466593-22-000048
- form_type: 8-K
- ticker: OTTR
- cik: 0001466593
- company_name: Otter Tail Corp
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000048/0001466593-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466593/000146659322000048/ottr-20220801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466593-22-000048
- JSON: https://secwatch.observer/filing/0001466593-22-000048.json
- Plain text: https://secwatch.observer/filing/0001466593-22-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.