Otter Tail (OTTR) Q2 EPS Beats by 7%
Otter Tail (NASDAQ:OTTR), a diversified utility and manufacturing company with a focus on electric utility services, plastics manufacturing, and contract metal fabrication, reported its second quarter results on August 5, 2025. The company posted GAAP earnings per share (EPS) of $1.85 in Q2 2025, ahead of the $1.72 GAAP analyst estimate, and revenue (GAAP) of $333.0 million, exceeding GAAP projections by $7.2 million. Notably, Otter Tail announced an increase in annual GAAP EPS guidance to a range of $6.06 to $6.46 for 2025, mainly due to the continued strong performance in its Plastics segment and regulatory progress in its Electric utility business. The quarter reflected solid execution but also highlighted persistent challenges in Manufacturing and signs of normalization in Plastics margins.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Otter Tail operates through three main business lines. The Electric segment delivers regulated electric utility service to customers in the Midwest, primarily in Minnesota, North Dakota, and South Dakota. Its Plastics segment manufactures polyvinyl chloride (PVC) pipes mainly used in water, sewer, and irrigation projects. The Manufacturing segment produces custom metal parts, operating primarily through its BTD Manufacturing subsidiary.
Source Fool.com
