Otter Tail Shares Surge on Strong Quarterly Performance and Upgraded Outlook

Otter Tail Corporation (NASDAQ: OTTR) demonstrated significant strength following the release of its impressive second-quarter 2025 financial results and a subsequent upward revision to its full-year guidance. After a minor pullback earlier in the week, the utility’s stock closed Friday’s trading session at $83.15.

The company’s robust performance, announced in early August, triggered a notable 6.14 percent single-day surge in its share price. This investor enthusiasm was fueled by Otter Tail reporting adjusted earnings per share (EPS) of $1.85, substantially exceeding the $1.72 consensus estimate from market analysts by 7.56 percent. Furthermore, quarterly revenue reached $333.04 million, outperforming expectations of $325.8 million.

In response to these stronger-than-anticipated results, management significantly raised its full-year 2025 EPS forecast. The new mid-point of the guidance range is now... Read more...