Otis falls on missing Q4 sales estimates

Otis Worldwide

28/01/2026 12:05

** Shares of elevator maker Otis Worldwide OTIS.N fell 5.14% to $85.90 premarket

** OTIS Q4 sales of $3.8 bln misses Wall Street's estimates of $3.9 bln - data compiled by LSEG

** Net sales driven by growth in Service sales partially offset by decline in New Equipment sales in China and the Americas

** Quarterly adjusted EPS of $1.03 misses estimates of $1.04

** Forecasts 2026 Organic sales up low-to-mid-single digits, adjusted EPS up mid-to-high-single digits

** OTIS fell ~5.7% in 2025

(Reporting by Jahanvi Kothari in Bengaluru)

((jahanvi.kothari@thomsonreuters.com))