---
schema_version: "secwatch.filing_event.v1"
accession: "0001466593-24-000125"
form_type: "8-K"
ticker: "OTTR"
cik: "0001466593"
company_name: "Otter Tail Corp"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:13:46.619188+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Otter Tail reports record Q2 EPS $2.07, up 6% YoY; raises 2024 EPS guidance to $6.77-$7.07

## Summary
- Diluted EPS $2.07, up 6% from Q2 2023; net income driven by Plastics segment up 9% on higher volumes.
- FY2024 EPS guidance raised to $6.77-$7.07 (previous $6.23-$6.53) due to Plastics strength and slower price decline.
- Quarterly dividend $0.4675/share declared, payable Sept 10, 2024 to holders of record Aug 15, 2024.
- Electric segment net income down 6% due to unfavorable weather; Manufacturing up 15% but expects softening in H2.
- Minnesota PUC approved Integrated Resource Plan: 200-300 MW solar by 2027, wind/battery by 2029.

## SEC filing metadata
- accession: 0001466593-24-000125
- form_type: 8-K
- ticker: OTTR
- cik: 0001466593
- company_name: Otter Tail Corp
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466593/000146659324000125/0001466593-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466593/000146659324000125/ottr-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466593-24-000125
- JSON: https://secwatch.observer/filing/0001466593-24-000125.json
- Plain text: https://secwatch.observer/filing/0001466593-24-000125.txt

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