EX-99.1 2 q12026earningsreleaseex991.htm EX-99.1 Document Press Release May 4, 2026 ─────────────── Otter Tail Corporation Announces First Quarter Earnings and Affirms 2026 EPS Guidance FERGUS FALLS, Minnesota - Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2026. SUMMARY • Produced diluted earnings per share of $1.73 in the first quarter of 2026. • Return on equity of 15% over the trailing twelve months. • Affirmed 2026 diluted earnings per share guidance range of $5.22 to $5.62. CEO OVERVIEW "We are pleased with our first quarter financial results and are well positioned to achieve our financial objectives for the year,” said CEO Chuck MacFarlane. “Across our businesses, our team members executed on our near-term priorities for the benefit of our customers and shareholders. “Otter Tail Power delivered on our regulatory priorities while making significant progress on our customer-focused rate base growth plan. We obtained approval of our fully settled South Dakota rate case in the first quarter and implemented our new base rates at the beginning of April. We also implemented interim rates at the start of …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Otter Tail Corporation
OTTRNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On May 4, 2026 Otter Tail Corporation issued a press release announcing its consolidated financial results for the first quarter of 2026. A copy of the press release is furnished herewith as Exhibit 99.1.…
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Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition
On May 4, 2026 Otter Tail Corporation issued a press release announcing its consolidated financial results for the first quarter of 2026. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item 2.02 (including Exhibit 99.1 attached hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.