{"schema_version":"secwatch.filing_event.v1","accession":"0001466593-23-000124","form_type":"8-K","ticker":"OTTR","cik":"0001466593","company_name":"Otter Tail Corp","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.949617+00:00","generated_at":"2026-06-16T03:18:26.692377+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Otter Tail Q1 EPS $1.49 (-13% YoY); raises FY2023 guidance to $4.55-$4.85","bullets":["Q1 net income $62M ($1.49 diluted EPS), down 13% YoY; revenues $339M (-10%).","Electric segment earnings +21% to $23.2M; Manufacturing +68% to $6.9M; Plastics -34% to $33.7M.","FY2023 EPS guidance raised to $4.55-$4.85 from $3.76-$4.06 on higher Plastics and Manufacturing expectations.","Quarterly dividend declared $0.4375 per share, payable June 9, 2023; unchanged.","Completed $50.6M purchase of Ashtabula III wind farm; 5-year capex plan totals $1,281M."],"urls":{"canonical":"https://secwatch.observer/filing/0001466593-23-000124","json":"https://secwatch.observer/filing/0001466593-23-000124.json","markdown":"https://secwatch.observer/filing/0001466593-23-000124.md","text":"https://secwatch.observer/filing/0001466593-23-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000124/0001466593-23-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000124/ottr-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:18:26.692377+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":"3c4b92463d0d0f9e1f92c04392a99f203b4414fc","claim":"Otter Tail Corp reported the quarter ended March 31, 2023 results: revenue $339 million, net income $62 million, EPS $1.49 per share. Guidance raised.","evidence_excerpt":"today announced financial results for the quarter ended March 31, 2023. SUMMARY Compared to the quarter ended March 31, 2022: • Consolidated operating revenues decreased 10% to $339 million. • Consolidated net income decreased 13% to $62 million. • Diluted earnings per share decreased 13% to $1.49 per share. CEO OVERVIEW “We are pleased with our first quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000124/0001466593-23-000124-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$339 million"},{"label":"Net income","value":"$62 million"},{"label":"EPS","value":"$1.49 per share"},{"label":"Guidance","value":"raised"},{"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"}