Fergus Falls, Minnesota — November 3, 2025 — Leads & Copy — Otter Tail Corporation (Nasdaq: OTTR) reported diluted earnings per share of $1.86 for the third quarter of 2025 and increased the midpoint of its 2025 earnings guidance by $0.21 to $6.47.
The company also updated its electric utility’s five-year rate base compounded annual growth rate to 10% from 9% and increased its long-term earnings per share growth rate target to 7% to 9%.
President and CEO Chuck MacFarlane noted the team’s execution on the growth plan despite dynamic market conditions and announced an increase and tightening of the 2025 diluted earnings per share guidance to a range of $6.32 to $6.62 from $6.06 to $6.46, driven by strong Plastics segment performance.
Otter Tail Power filed a request with the Minnesota Public Utilities Commission to increase rates by approximately $44.8 million, or 17.7%, to support infrastructure investments, grid resilience, and recovery of Coyote Station costs.
The Manufacturing segment faces end market demand headwinds, but quarterly financial results reflect a lower cost structure and improved productivity. Plastics segment performance exceeded expectations due to lower input material costs and increased capacity.
The company introduced a new five-year capital spending plan, including Otter Tail Power’s $1.9 billion investment plan, expected to produce a 10% rate base compounded annual growth rate. The Board of Directors declared a quarterly common stock dividend of $0.525 per share, payable December 10, 2025, to shareholders of record on November 14, 2025.
For more information, contact Otter Tail Corporation.
Source: Otter Tail Corporation
