Otis Worldwide Corporation reports results for the quarter ended September 30 - Earnings Summary

Otis Worldwide

28/10/2026 13:32

Otis Worldwide Corporation OTIS.N reported quarterly adjusted earnings of $1.05​​ per share for the quarter ended September 30, identical to the same quarter last year.  The mean expectation of ten analysts for the quarter was for earnings of $1.03 per share. Wall Street expected results to range from 98 cents to $1.16 per share.
Revenue rose 6.1% to $3.91 billion from a year ago; analysts expected $3.87 billion. 
Otis Worldwide Corporation's reported EPS for the quarter was $1.08​.
The company reported quarterly net income of $414 million.
Otis Worldwide Corporation shares had risen by 15.3% this quarter and lost 15.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the heavy electrical equipment peer group is  "buy."
Wall Street's median 12-month price target for Otis Worldwide Corporation is $84.50, about 12.2% above its last closing price of $74.19
This summary was machine generated from LSEG data October 28 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
Sep. 30 2026 
1.03
1.05
Beat
Jun. 30 2026 
1.01
1.01
Met
Mar. 31 2026 
0.89
0.89
Met
Dec. 31 2025 
1.04
1.03
Missed