Otis Worldwide Corp reports results for the quarter ended June 30 - Earnings Summary

Otis Worldwide

22/07/2026 14:31

Otis Worldwide Corp OTIS.N reported quarterly adjusted earnings of $1.01​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.05.  The mean expectation of eight analysts for the quarter was for earnings of $1.01 per share. Wall Street expected results to range from 99 cents to $1.02 per share.
Revenue rose 7.3% to $3.86 billion from a year ago; analysts expected $3.76 billion. 
Otis Worldwide Corp's reported EPS for the quarter was $1.12​.
The company reported quarterly net income of $428 million.
Otis Worldwide Corp shares had risen by 0.5% this quarter and lost 17.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy electrical equipment peer group is also "buy" 
Wall Street's median 12-month price target for Otis Worldwide Corp is $97.00, about 25.8% above its last closing price of $71.95
This summary was machine generated from LSEG data July 22 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.01
1.01
Met
Mar. 31 2026 
0.89
0.89
Met
Dec. 31 2025 
1.04
1.03
Missed
Sep. 30 2025 
1.00
1.05
Beat