Otter Tail Sees 2026 Plastics Adjusted Earnings Guidance Midpoint at $128 Million

By Public Technologies
  • Otter Tail forecasts 2026 Plastics segment earnings of $51 million at the midpoint, or $128 million on an adjusted basis.
  • The adjustment excludes $77 million in after-tax legal settlement expense.
  • Plastics earnings are projected at $45 million-$50 million in 2028, reflecting continued price declines, higher sales volumes and rising input costs.
  • The utility's $1.9 billion rate base growth plan targets a five-year compound annual growth rate of 10%.
  • Manufacturing cash flow is expected to fund approximately 25% of that plan; outstanding manufacturing debt will be retired by year-end 2026.


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