Otter Tail: Still Worth Buying After Q2
Otter Tail Corporation beat second-quarter expectations and raised its full-year and 2026 adjusted EPS guidance, citing strong utility performance and improving manufacturing trends. Management is targeting 10% annual rate base and comparable utility earnings growth over five years, with major solar, storage, and transmission projects slated to come online in 2027–2028.
Why it matters — OTTR watchers would care because the raised guidance and planned utility projects point to expansion of the regulated asset base that supports the company's long-term earnings growth.