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Otter Tail Affirms FY2025 GAAP EPS Guidance Of $5.68-$6.08 Vs $6.20 Est

Benzinga·05/05/2025 22:13:44
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2025 OUTLOOK

We continue to anticipate 2025 diluted earnings per share to be in the range of $5.68 to $6.08. We expect our earnings mix in 2025 to be approximately 39% from our Electric segment and 61% from our Manufacturing and Plastics segments, net of corporate costs. Our anticipated earnings mix in 2025 deviates from our long-term expected earnings mix of 65% Electric / 35% Non-Electric as we expect Plastics segment earnings to remain elevated in 2025 compared to our long-term view of normal earnings for this segment.

The segment components of our 2025 diluted earnings per share guidance compared with actual earnings for 2024 are as follows:

      2024 EPS   2025 EPS Guidance
    by Segment   Low   High
Electric     $ 2.16     $ 2.29     $ 2.35  
Manufacturing       0.33       0.21       0.27  
Plastics       4.77       3.26       3.50  
Corporate       (0.09 )     (0.08 )     (0.04 )
Total     $ 7.17     $ 5.68     $ 6.08  
Return on Equity       19.3 %     13.8 %     14.6 %