Otter Tail shared its Q3 earnings, showing $1.41 per share, down from $1.86 last year.

Nov 3, 2026, 11:59 AM ETResultsRead the original at Benzinga

Neutral

Otter Tail's third-quarter profit per share fell as its Plastics business weakened, but it kept its yearly forecast midpoint and growth plans. The weaker quarter and steady plans point in different directions, so this report does not change the company's outlook.

OTTR · Otter Tail Corporation

AI read · Neutral

The AI's read

The lower result came mainly from weaker PVC pipe sales, higher production costs, and a softer housing market. Otter Tail also expects its power business's investment base to grow 10% over 5 years and has more than $600 million in available funding. Those plans support the company, but the weaker Plastics business points the other way.

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