earnings
confidence high
sentiment negative
materiality 0.85
Otter Tail posts Q2 loss of $0.18/share on $103.5M antitrust settlement; cuts EPS guidance
Otter Tail Corp
- Q2 2026 diluted loss per share $0.18; adjusted diluted EPS $1.66.
- Updated 2026 diluted EPS guidance to $3.84-$4.24 from $5.22-$5.62 due to $103.5M settlement charge.
- Initiated 2026 adjusted diluted EPS guidance $5.68-$6.08, above original guidance.
- Agreed to pay $103.5M to settle PVC pipe antitrust class actions; no admission of wrongdoing.
- Quarterly dividend $0.5775 per share, payable Sept 10, 2026 to holders of record Aug 14, 2026.