{"schema_version":"secwatch.filing_event.v1","accession":"0001466593-23-000050","form_type":"8-K","ticker":"OTTR","cik":"0001466593","company_name":"Otter Tail Corp","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.111646+00:00","generated_at":"2026-06-19T13:35:55.535469+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Otter Tail posts record FY 2022 EPS of $6.78, guides FY 2023 EPS $3.76-$4.06","bullets":["FY 2022 diluted EPS $6.78 (+60% YoY); net income $284.2M (+61%); operating revenue $1.46B (+22%).","Q4 2022 diluted EPS $1.00 (-18.7% YoY) on lower Plastics segment earnings.","FY 2023 EPS guidance $3.76-$4.06, a 40-44% decline from 2022, as Plastics normalizes.","Quarterly dividend raised 6.1% to $0.4375/share ($1.75 annualized).","Electric segment plans ~$1B capex over 5 years for 6.4% rate base CAGR; Ashtabula III wind farm acquired."],"urls":{"canonical":"https://secwatch.observer/filing/0001466593-23-000050","json":"https://secwatch.observer/filing/0001466593-23-000050.json","markdown":"https://secwatch.observer/filing/0001466593-23-000050.md","text":"https://secwatch.observer/filing/0001466593-23-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000050/0001466593-23-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000050/ottr-20230213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T13:35:55.535469+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b709825d5ccee350c928c028f9d8a9298c0edc0","claim":"Otter Tail Corp reported the quarter and year ended December 31, 2022 results: revenue $ 301.4 $ 333.2 $ 1,460.2 $ 1,196.8, net income $ 42.0 $ 51.6 $ 284.2 $ 176.8, EPS $ 1.00 $ 1.23 $ 6.78 $ 4.23. Guidance initiated.","evidence_excerpt":"announced financial results for the quarter and year ended December 31, 2022. 2022 SUMMARY (in millions, except per share amounts) Q4 2022 Q4 2021 2022 2021 Operating Revenues $ 301.4 $ 333.2 $ 1,460.2 $ 1,196.8 Net Income $ 42.0 $ 51.6 $ 284.2 $ 176.8 Diluted Earnings Per Share $ 1.00 $ 1.23 $ 6.78 $ 4.23 Compared to the year ended December 31, 2021: •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000050/0001466593-23-000050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$ 301.4 $ 333.2 $ 1,460.2 $ 1,196.8"},{"label":"Net income","value":"$ 42.0 $ 51.6 $ 284.2 $ 176.8"},{"label":"EPS","value":"$ 1.00 $ 1.23 $ 6.78 $ 4.23"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}