secwatch.observer — SEC 8-K summary
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Issuer:     Otter Tail Corp (OTTR)
CIK:        0001466593
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001466593-25-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Otter Tail posts record annual EPS of $7.17; raises long-term EPS growth target to 6-8%
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- Record diluted EPS of $7.17 in 2024; consolidated ROE of 19.3% on equity ratio of 62.2%.
- Electric segment net income $91.0M (+7.7%); North Dakota rate case approved with $13.1M revenue increase.
- Plastics segment record earnings $200.7M (+6.9%) on 27% sales volume growth; Manufacturing down 36%.
- 2025 EPS guidance $5.68-$6.08; long-term EPS growth target raised to 6-8% from 5-7%.
- Five-year capex plan $1.6B; electric rate base CAGR raised to 9.0% from 7.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466593/000146659325000027/0001466593-25-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466593/000146659325000027/ottr-20250217.htm
  HTML page:      https://secwatch.observer/filing/0001466593-25-000027

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