Q2 FY2026 EarningsQ2 FY26 results were impacted by a significant $103.5M legal settlement charge, resulting in a GAAP net loss of $7.6M and diluted EPS of -$0.18. Excluding the settlement, core performance was mixed: total revenue of $334.4M beat the $326.1M consensus, driven by higher sales volumes in Plastics and Manufacturing. However, Electric segment operating income fell 43.3% YoY due to higher maintenance and plant outage costs. Management successfully issued $170M in long-term debt to bolster liquidity following the $103.5M settlement outflow.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Otter Tail(OTTR) the Revenue is 334.38 M (+0.4%), Beat estimate;the EBIT is 79.3 M (-18.63%), Miss estimate;the EPS is -0.18 (-109.7%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.33B0.40%
0.33B2.08%
+0.01B2.48%
EBITMiss expectations
0.08B18.63%
0.08B18.12%
-0.00B0.51%
EPSMiss expectations
-0.18109.73%
1.497519.05%
-1.677590.68%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf