Otter Tail (OTTR) Q2 FY26 earnings call

Otter Tail Corporation delivered a mixed second quarter, marked by a significant raise in its full-year adjusted EPS guidance driven by improved outlooks for its Manufacturing and Plastics segments. The utility business continues to execute on its regulatory agenda and expand its large load pipeline, reinforcing its long-term growth trajectory. However, the quarter also saw a year-over-year decline in adjusted EPS, primarily due to receding PVC pipe prices, alongside a substantial legal settlement payment that underscores ongoing challenges in the Plastics segment.