secwatch.observer — SEC 8-K summary
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Issuer:     Otter Tail Corp (OTTR)
CIK:        0001466593
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001466593-25-000080
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Otter Tail Q1 EPS $1.62; reaffirms FY2025 guidance; manufacturing net income down 71%
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- Q1 2025 diluted EPS $1.62, net income $68.1M; prior year net income $74.4M.
- FY2025 EPS guidance reaffirmed at $5.68–$6.08, implying ROE 13.8%–14.6%.
- Electric segment net income up 10% to $24.7M on favorable weather; Manufacturing down 71% to $1.5M.
- Plastics net income down 7.1% to $43.4M on lower prices, offset by 13% volume increase.
- Quarterly dividend raised 12% to $0.525/share; payable June 10, record May 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466593/000146659325000080/0001466593-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466593/000146659325000080/ottr-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001466593-25-000080

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