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08:30
Jul 22 ◎

OTIS FY2026 Q2 Watch

Otis Worldwide Corporation (OTIS) FY2026 Q2 Earnings Call

OTIS ▾

Cristina Mendez

Otis lowered its full-year operating profit and EPS guidance due to retention headwinds, delayed micro-pricing benefits, and productivity cost overruns from ramping up service operations, signaling near-term profit pressure despite strong revenue growth.

"we now expect adjusted operating profit to be in the range of down $30 million to flat on an actual currency basis"

OTIS WATCH

HIGH

08:30
Apr 22 ◎

OTIS FY2026 Q1 Watch

Otis Worldwide Corporation (OTIS) FY2026 Q1 Earnings Call

OTIS ▾

Judy Marks

Management acknowledged service margin decline and lowered the high end of EPS guidance, indicating near-term headwinds despite expected second-half recovery.

"While recognizing a setback in our service profit in the first quarter, we are addressing the root causes while sustaining our investments to return to our post-spin margin levels."

OTIS WATCH

MED

08:30
Jan 28 ◎

OTIS FY2025 Q4 Watch

Otis Worldwide Corporation (OTIS) FY2025 Q4 Earnings Call

OTIS ▾

Judy Marks

Management is confident in accelerating service growth and margin expansion, backed by record modernization backlog and expanding maintenance portfolio, pointing to sustained EPS growth.

"2025 marked another year demonstrating the strength and resiliency of our service-driven strategy. ... This foundation and service, together with a robust backlog for modernization and new equipment, gives us confidence in driving"

OTIS WATCH

HIGH

08:30
Oct 29 ◎

OTIS FY2025 Q3 Watch

Otis Worldwide Corporation (OTIS) FY2025 Q3 Earnings Call

JPM OTIS ▾

Judy Marks

Otis delivered a large, high-profile elevator installation for JPMorgan's new headquarters, signaling strong relationship and potential for future service/modernization work.

"I had the privilege of joining our customers at the celebratory ribbon-cutting of the new JPMorgan Chase Global Headquarters in New York at 270 Park Avenue. Otis installed 89 units, including 72 high-performance skyrise elevators and 12"

JPM WATCH

Judy Marks

Management raised the midpoint of EPS guidance, cited accelerating service revenue and moderation in new equipment declines, and expressed confidence in multi-year modernization cycle, pointing to improving fundamental momentum.

"We've narrowed the range and increased the midpoint of our adjusted EPS outlook to $4.04 to $4.08, representing an increase of 5% to 7% compared to 2024."

OTIS WATCH

HIGH

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