OTIS Stock Recent News

Otis Worldwide Corporation OTIS reported mixed results in the second quarter of 2025, wherein adjusted earnings surpassed the Zacks Consensus Estimate while net sales missed the same. On a year-over-year basis, the top line and the bottom line tumbled.

Otis Worldwide (OTIS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.06 per share a year ago.

Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025  •  Service net sales up 6% with organic sales up 4%

OTIS eyes Q2 sales growth on strong service demand, but inflation and weak new equipment volumes are likely to have weighed on margins.

Evaluate the expected performance of Otis Worldwide (OTIS) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Otis Worldwide (OTIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and global housing markets, resulting in declining new equipment sales. Management's optimism on China's recovery appears premature, especially amid continued property price declines and U.S.-China tariff uncertainties.

FARMINGTON, Conn. , July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m.

CAIRO , July 8, 2025 /PRNewswire/ -- To enhance the quality of life for its residents, Tatweer Misr, one of Egypt's leading real estate developers, has selected Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, to supply and install smart vertical mobility solutions across its urban communities. Tatweer Misr's current engagement with Otis represents six projects and 1,250 elevators over six years.

Otis Worldwide is the global leader in elevator and escalator manufacturing, installation, and services. Since its 2020 spin-off from United Technologies, Otis has delivered a 130% total return. The financials for Otis are mixed, with the Service segment performing well and the New Equipment segment struggling.