{"schema_version":"secwatch.filing_event.v1","accession":"0001466593-23-000146","form_type":"8-K","ticker":"OTTR","cik":"0001466593","company_name":"Otter Tail Corp","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.006509+00:00","generated_at":"2026-06-12T17:45:29.296258+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 Q2 EPS $1.95 (-5% YoY), raises 2023 guidance to $5.70-$6.00","bullets":["Q2 2023: diluted EPS $1.95 (-5% YoY), revenue $338M (-16%), net income $82M (-5%).","2023 EPS guidance raised to $5.70-$6.00 from $4.55-$4.85, driven by stronger Plastics margins.","Plastics segment net income $55.4M (-13.4%) on 27% lower volume; margins remain elevated.","Electric segment net income $19.6M (+4.1%); 49MW Hoot Lake Solar on track for Q3 2023.","Quarterly dividend of $0.4375/share declared, payable Sept 8, 2023 to holders of record Aug 15."],"urls":{"canonical":"https://secwatch.observer/filing/0001466593-23-000146","json":"https://secwatch.observer/filing/0001466593-23-000146.json","markdown":"https://secwatch.observer/filing/0001466593-23-000146.md","text":"https://secwatch.observer/filing/0001466593-23-000146.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000146/0001466593-23-000146-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000146/ottr-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T17:45:29.296258+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":"27a1c482131582edc1c64346dc9855debc6495ff","claim":"Otter Tail Corp reported the quarter ended June 30, 2023 results: revenue Consolidated operating revenues decreased 16% to $338 million., net income Consolidated net income decreased 5% to $82 million., EPS Diluted earnings per share decreased 5% to $1.95 per share.. Guidance raised.","evidence_excerpt":"OTTR) today announced financial results for the quarter ended June 30, 2023. SUMMARY Compared to the quarter ended June 30, 2022: • Consolidated operating revenues decreased 16% to $338 million. • Consolidated net income decreased 5% to $82 million. • Diluted earnings per share decreased 5% to $1.95 per share. CEO OVERVIEW “We are pleased with our","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1466593/000146659323000146/0001466593-23-000146-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"Consolidated operating revenues decreased 16% to $338 million."},{"label":"Net income","value":"Consolidated net income decreased 5% to $82 million."},{"label":"EPS","value":"Diluted earnings per share decreased 5% to $1.95 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"}